BUENOS AIRES, Argentina (AP) — Argentina’s firebrand populist presidential candidate Javier Milei, the front-runner to win the election later this month, is coming under fire from his rivals who blame him for a sharp depreciation of the local currency in the parallel market.
Milei has continued to tout his controversial plan for dollarization of the South American country’s economy.
With a little less than two weeks to go before the Oct. 22 presidential election, the Argentine peso has sharply depreciated over the past week.
Milei, an anti-establishment candidate who admires former U.S. President Donald Trump, has said he wants to replace the peso with the dollar and says Argentina’s Central Bank should be abolished.
Milei’s opponents in the presidential race sharply criticized his words, saying he’s fomenting a run on the peso.
Persons:
—, Javier Milei, Milei, Donald Trump, ”, ” Ramiro Marra, Milei’s, Sergio Massa, ” Patricia Bullrich, “, ” Milei
Organizations:
Argentine, U.S, Bank, Buenos, “, Union, Homeland, United
Locations:
BUENOS AIRES, Argentina, Argentine, Buenos Aires, Milei’s, Massa