📣 Argentine Peso Drops Following Digital Currency Announcement
posted 5 Oct 2023
The Argentine peso has hit an all-time low in response to presidential candidate Sergio Massa's proposal to introduce a digital currency.
Massa has announced his intention to present a bill to Congress, inspired by similar initiatives in many other countries.
However, a prevailing skepticism among the public is fueling a rush to acquire U.S. dollars, further depreciating the national currency.
However, a prevailing skepticism among the public is fueling a rush to acquire U.S. dollars, further depreciating the national currency.
