Milei Commits to Peso Pragmatism Despite Calls to Let It Float

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Why This Matters

Argentine President Javier Milei has tempered his initial radical economic policies, adopting a more pragmatic approach, particularly with regards to the peso and trade with China.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Since taking office in 2023, Javier Milei has had to adapt many of his radical ideas to the realities of governing Argentina. Chinese officials he once called “assassins” turned into “great trade partners.” The central bank he pledged to burn down is still standing. Talk of dollarization has ceased.

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Original article published by Bloomberg on January 22, 2026.
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