A large depreciation didn’t fully materialize; rather, the dollar’s value in the parallel retail market – popularly known as the “blue dollar” – increased some 13%.
Milei, an outsider and right-wing populist, has also accused the Central Bank of recklessly printing money in order to fund public spending.
The government has made access to foreign currency increasingly more stringent, which has caused the parallel market to flourish.
“It isn’t exactly full, but there’s a lot in there,” she said, declining to provide her last name because trading foreign currency under the table is illegal.
“Listening to the radio and looking on the internet, there isn’t any craziness about dollar, dollar, dollar,” he said.
Persons:
Leandro Francisco Diana, Javier Milei, “, ”, Diana, Villa Crespo, Milei, Javier, Giselle, Argentina isn't, Maria Castiglioni, ” Castiglioni, Alexi Hoyos, Hoyos, ” Diana, videojournalist Mauricio Cuevas
Organizations:
U.S ., U.S, Central Bank, Radio Mitre
Locations:
BUENOS AIRES, Argentina, Buenos Aires, New York, Miami, Florida