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pesosBuenos Aires Times | News from Argentina and beyond – in English
•72% Informative
Some 208,000 Argentines sold foreign currency through official channels in April , according to Central Bank data released Friday , while 51,000 bought dollars or other hard currencies.
That builds on trend that started in January and marks the first reversal of buyers and sellers since at least 2018 .
The need for pesos stems from President Javier Milei ’s decision to abandon price controls but keep a tight grip on the peso, ultimately slashing Argentines’ buying power.
Milei still vows to implement a “competition of currencies” where US dollar and peso will co-exist as forms of legal tender.
VR Score
72
Informative language
70
Neutral language
47
Article tone
informal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links