# How the Argentine economy would change with dollarization, explained in five graphs | International | EL PAÍS English

> President Milei has revived the idea of dollarizing Argentina's economy, with the peso having lost more than half its value after a devaluation. Economists examine experiences in Panama, Ecuador and El Salvador as reference points for such a transition.

- Date: 2024-02-19 · published 2024-02-19T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/31940-how-the-argentine-economy-would-change-with-dollarization-explained-in-five
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Dollarization discussions signal currency instability in Argentina, which affects peso-denominated costs for Argentine grain and oilseed exporters and can shift export selling pace for soybeans and meal.

## Read by commodity

- USDARS: neutral

## Sources

- english.elpais.com: https://english.elpais.com/international/2024-02-19/how-the-argentine-economy-would-change-with-dollarization-explained-in-five-graphs.html

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