(Bloomberg) -- Argentina economists lambasted a proposal to dollarize the nation that’s backed by presidential candidate Javier Milei, calling the idea a mirage and warning it would spawn a new set of challenges.Most Read from BloombergThe country lacks the needed amount of dollars, and efforts to build up supply would…
Consumer prices in Argentina soared 12.4 percent in August compared with the previous month, the highest rate since February 1991 — a high-water mark that could influence the country’s upcoming presidential race. Argentina’s annual inflation rate rose to 124.4 percent, according to figures released by the government’s INDEC statistics agency…
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