Argentina's President-elect Javier Milei said on Friday that the closure of the country's central bank, a signature campaign pledge, was a "non-negotiable matter", according to a statement from his office posted on social media platform X.
To be fair, Argentina was never really self-sufficient in money-printing. Brazil has so much volatility on the usage of the printers that it’s always cheaper for other countries in South America to import.
But yes, the amount they have been importing recently was completely out of the norm.
To be fair, Argentina was never really self-sufficient in money-printing. Brazil has so much volatility on the usage of the printers that it’s always cheaper for other countries in South America to import.
But yes, the amount they have been importing recently was completely out of the norm.