The Argentine government is currently focused on a strategy to maintain the stability of the dollar while simultaneously working to reduce inflation. The Central Bank is accumulating foreign reserves and absorbing pesos to help achieve these monetary goals, but they are also maintaining high-interest rates. This approach has sparked discussions about balancing currency stability with the need for credit access and economic recovery, especially under the leadership of President Javier Milei.

Concerns have been raised by investment bank Barclays regarding the economic activity, labeling it a "key risk" for Milei's program. Despite these warnings, government officials remain committed to their current strategies, insisting that monetary tightening is essential for stabilization. They argue that without government intervention in the foreign exchange market, the dollar could appreciate further, potentially leading to more restrictive impacts on economic activity.

The issuance of money related to the purchase of dollars is viewed as a necessary step in the current economic landscape. The government is under pressure to find a way to stabilize currency values while rejuvenating the economy, amid rising inflation rates and economic stagnation. This balancing act poses significant challenges but is critical for Argentina’s recovery in the wake of ongoing financial struggles.