Milei’s peso moves drive a black-market boom hitting Argentines hard

Milei’s peso moves drive a black-market boom hitting Argentines hard

Black market goods are pouring into Argentina from Bolivia, fueled by President Milei’s efforts to keep a tight lid on the peso while nearby currencies slide. Patrick Gillespie explains why this could backfire for Milei and his party in the upcoming election. (Source: Bloomberg)...

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