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Argentina should ditch the peso and switch to a 'hard dollar regime'

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Argentina should ditch the peso in favor of a 'hard dollar regime' to get inflation under control, think tank says

as their primary currency or alongside a local currency, including some in Latin America. If Argentina follows suit, it would be the largest economy to dollarize.

The researchers also dismissed arguments about currency imperialism, loss of monetary sovereignty, and the need for macroeconomic policy flexibility.

 

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