Argentina is in a Dollar-Peso Love Affair

Argentina, in dollar love affair, agonizes over divorcing the peso Marc Jones, Eliana Raszewski and Rodrigo Campos Tue, September 5, 2023 at 6:31 PM GMT+8·7 min read LONDON/BUENOS AIRES/NEW YORK (Reuters) – María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina’s persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso. The peso currency is now in the crosshairs of the country’s dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and…