Argentina peso/dollar
  • Argentina's presidential frontrunner wants to dollarize the economy, but many already use the greenback.
  • Private firms in the country are partially paying in dollars to retain skilled workers.
  • And more businesses are accepting dollars as payment as the peso crashes.

While Argentines used dollars even before presidential candidate Javier Milei campaigned on ditching the peso, the private sector is increasingly dollarizing the economy on its own.