Argentina peso/dollar
  • Any move to dollarize Argentina could see the nation get stuck in an Ecuador-like economic morass, one economist said. 
  • "Some in Argentina romanticize Ecuador's dollarization. Reality is different," Robin Brooks said in a post on X. 
  • The South American nation has seen calls for it to adopt the dollar as its currency to tackle problems such as hyperinflation and an unstable exchange rate. 

Argentina could get stuck in a prolonged period of economic weakness, similar to what Ecuador has experienced, should Buenos Aires choose to adopt the US dollar as its currency, according to one economist.