And more businesses are accepting dollars as payment as the peso crashes.
AdvertisementAdvertisementE-commerce giant MercadoLibre, consulting firm Accenture, software developer Globant, and fintech firm Ualá offer partial pay in greenbacks, according to reports.
In addition to staff salaries, the private sector is increasingly accepting dollars as a form of payment as well.
For example, US website firm GoDaddy stopped accepting Argentinian peso payments in June, changing to dollars.
He also suggested Argentina would be better off pegging its currency to the Brazilian real instead of the greenback.
Persons:
Javier Milei, fintech's, GoDaddy, ZonaProp, Robin Brooks
Organizations:
Service, Bloomberg, Accenture
Locations:
Wall, Silicon, greenbacks, Buenos Aires, Argentina