Summary
- President Javier Milei’s economic reforms have led to a significant increase in Argentina’s foreign currency deposits.
- Total foreign currency deposits now exceed $24 billion, marking an $8 billion increase since Milei took office.
- The surge in deposits reflects growing confidence in Milei’s market-friendly policies and tax amnesty program.
- This influx of dollars is a positive development for Argentina, which has struggled with currency crises and a lack of foreign reserves.