Cavallo bids to free Argentina from dollar "straightjacket"


BUENOS AIRES -- A proposed plan to peg the Argentine peso to the euro as well as the dollar has received a mixed reception among Latin American analysts.

"People are right to be sceptical," Guillermo Estabanez, Latin America currency strategist at Bank of America in San Francisco told FX Week. "The idea is being sold as something that will stabilise the peso. But the fact is that he [Argentina's economy minister Domingo Cavallo] is trying to get rid of the straightjacket of the peso/dollar

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: