Archive · 6 Nov 2025

Argentina's Milei Rejects Free Float for Peso Amid Reform Push

Argentina's Milei Rejects Free Float for Peso Amid Reform Push

Argentina's leader, Javier Milei, is saying no to letting the country's money, the peso, just float on its own without government help.

Some people who invest money wanted him to do this, but he's saying he won't.

He also wants to speed up his plan to make the economy more like a free market, where businesses can work more freely.

He also mentioned he wants to be closer friends with the President of the United States, Donald Trump.

Sources