The article discusses the perceived recovery of the Argentine peso, highlighting its real appreciation, deceleration of inflation, and the renewed accessibility of imported consumption.
The article explores a remarkable shift in the Argentine economy, wherein the peso has regained perceived strength, presenting a rare moment for consumers and businesses alike. It details how the real appreciation of the exchange rate has coincided with a relative loss of pressure on the dollar, making imported goods increasingly accessible to a larger segment of the population. This scenario is not new, however, as the piece references historical moments of currency appreciation, including the Convertibility period in the 1990s, the Tablita exchange system from 1978 to 1981, and a brief episode in 2017-2018 where capital inflows temporarily buoyed the peso.
