Page 3 - Alejandro Werner News Today

"Dollarization would be very positive for Argentina," said Mark Rosen, who was a US member of the IMF board.

(Bloomberg) -- Argentina has essentially no dollars. Which, as critics see it, is a major impediment to presidential front-runner Javier Milei’s plan to dollarize the crisis-ravaged economy. Even Milei’s own advisers are starting to get fidgety about how barren the vaults are.Most Read from BloombergChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticCiti Plans Job Cuts as It Revamps Top Management StructureiPh...

Francisco Zalles, one of the few economists in world with experience of introducing dollarisation, is gung ho about libertarian frontrunner’s plan. Do it, and do it quick, he says.

Former Western Hemisphere director for the International Monetary Fund and ex-Mexico government official Alejandro Werner on Argentina’s programme, political backing from Washington and the country’s troubled relationship with the multilateral lender.

A helping hand from China saw Argentina avert a default with the International Monetary Fund for the second time in 30 days, as the cash-strapped country tapped almost $3 billion of a Beijing currency swap line to pay the multilateral...

Reuters – A helping hand from China saw Argentina avert a default with the International Monetary Fund for the second time in 30 days, as the cash-strapped country tapped almost $3 billion of a Beijing currency swap line to pay the multilateral lender. Accessing yuan to make the payment not only offered a lifeline to...

A helping hand from China saw Argentina avert a default with the International Monetary Fund for the second time in 30 days, as the cash-strapped country tapped almost $3 billion of a Beijing currency...

A helping hand from China saw Argentina avert a default with the International Monetary Fund for the second time in 30 days, as the cash-strapped country tapped almost $3 billion of a Beijing currency swap line to pay the multilateral lender. Accessing yuan to make the payment not only offered a lifeline to Latin America's third-largest economy which is battling an acute scarcity of dollars, it also allowed the Washington-based lender to keep a $44 billion program alive with its biggest si...

LONDON : A helping hand from China saw Argentina avert a default with the International Monetary Fund for the second time in 30 days, as the cash-strapped country tapped almost $3 billion of a Beijing currency swap line to pay the multilateral lender.Accessing yuan to make the payment not only offered a l

The peso’s soaring value means the money that Mexicans in the United States send home doesn’t go as far as it used to.