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While he's trying to get Argentinians to take their "dollars out of the mattress," Caputo has built up his own mattress of pesos.

Americas 1 source 1 country 🔦 Under-reported 44m ago

Argentina's Treasury, under the management of official economic policies, has achieved a stabilization in its handling of domestic peso debt. According to a recent report, this stabilization has allowed the National Treasury to successfully accomplish three significant milestones regarding peso debt management over recent months.

The development coincides with broader governmental efforts encouraging citizens to bring undeclared foreign currency savings, colloquially known as 'dollars under the mattress,' back into the formal financial system. Meanwhile, the Treasury has concurrently built up its own substantial reserves in local currency.

In-depth summary · AI, neutral
Read the full story at the source Infobae (Buenos Aires, Argentina) · AR
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