A mishmash of exchange rates for Argentina’s chaotic currency system are hanging in the balance as the nation prepares to choose its next president.
Libertarian candidate Javier Milei has vowed to do away with the peso — and the myriad of exchange rates — by adopting the US dollar. His rival, Economy Minister Sergio Massa, has embraced capital controls and revived a plan to devalue the peso — at a pace of 3% per month.
