Putin hits out at new Argentine president’s dollarization plan ...News

Russia Today - Economy
Putin hits out at new Argentine president’s dollarization plan
source : Russia Today ( News ) () 24
Adopting the US currency would lead to a “significant” loss of sovereignty, the Russian leader has warned Russian President Vladimir Putin has criticized his Argentine counterpart’s plan to ditch the national currency, the peso, for the US dollar. Speaking during a live press conference on Thursday, Putin said that the pledge of newly elected Argentine President Javier Milei to adopt the greenback would result in a “significant loss of the country’s sovereignty.” Dollarization is one of Milei’s core proposals, aimed at taming triple-digit inflation and supporting Argentina's beleaguered economy amid low cash reser

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