Argentina's Milei defies calls to float Argentine peso freely, FT reports
ReutersNov 6, 2025 5:10 AM
Nov 6 (Reuters) - Argentina's President Javier Milei has rejected investor calls to allow the peso to float freely following his victory in midterm elections, the Financial Times reported on Thursday.
In an interview to the Financial Times, Milei vowed to accelerate his free-market reforms and deepen his alliance with U.S. President Donald Trump.
Milei told the newspaper he would keep the peso within gradually widening bands against the U.S. dollar at least until elections in late 2027 to temper Argentina's chronic volatility.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Silver Frenzy Returns: Gold-Silver Ratio Falls Below 50 for First Time in 14 Years — Why Is Goldman Going Long?
TradingKey - Spot silver prices broke through the $90/oz mark this week, while the gold-to-silver ratio—a key indicator measuring their relative value—briefly fell below 50, hitting a 14-year low.TradingKey
Fri, Jan 16
Japanese Officials’ Verbal Intervention Fails; Yen Breaches 159.0; Sanae Takaichi Policies Bring Uncertainty
TradingKey - Since January 2026, global investors have once again turned their focus to the yen. The yen's exchange rate weakened further this week, falling below 159.0 against the US dollar. It has now depreciated for five consecutive months, hitting its lowest level since July 2024.TradingKey
Tue, Jan 13
Cardano Price Prediction: When Will ADA Price Rise and Can It Reach $10 by 2030?
In early 2026, Cardano rebounded from its lows, with ADA trading at approximately $0.41, a gain of over 24% in seven days. Short-term resistance levels for ADA are set at $1 and $1.3, with any breakout contingent on ecosystem growth, macroeconomic factors, and Bitcoin's performance. Reaching $10 witTradingKey
Mon, Jan 12
European Central Bank 2026 Monetary Policy Outlook And Euro Exchange Rate 2026 Trend How?
TradingKey - The Federal Reserve has initiated an interest rate cut cycle, implementing its third consecutive rate cut since September this year, while the European Central Bank (ECB) has maintained a wait-and-see approach, keeping interest rates unchanged at 2.15% since July this year. In 2026, the Federal Reserve will maintain an accommodative monetary policy. If the European Central Bank maintains its current stance, what will be the future direction of the Euro exchange rate?TradingKey
Fri, Dec 26
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?TradingKey
Wed, Dec 10
Tradingkey
