Why Did the Dollar Take a Vacation in Argentina? Spoiler: It’s Not Sending Postcards

So, the U.S. dollar decided to go on a diet after Argentina tossed out its currency controls — and surprise, surprise, the peso started hitting the gym! 💪 At a flirtatious 1,160 pesos per dollar, it’s like the peso found a new pair of skinny jeans and refuses to go back.

Now, the central bank is pacing nervously, probably sipping artisanal mate, wondering if they should step in and buy dollars like it’s Black Friday, just to keep the peso feeling a bit weaker — because, you know, pride and all that. But President Javier Milei is playing hard to get: “Not until that sucker drops below 1,000 pesos per dollar,” he says, probably with a smirk and a dramatic pause for effect. 🎭

The critics? Oh, they’re yelling “Camouflage devaluation!” like it’s the new tango craze. But Milei and crew are sipping champagne in the victory lap, waving their flags and saying, “Na-na-na-na, told you we got this!” 🥳 Meanwhile, the peso is just happy being the belle of Buenos Aires.

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2025-04-17 21:29