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Peterson Institute for International Economics: Argentina's Fragile Monetary Framework Risks Renewed Volatility
February 12, 2026
WASHINGTON, Feb. 12 -- The Peterson Institute for International Economics issued the following commentary on Feb. 11, 2026, by senior research staffer Maurice Obstfeld:

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Argentina's fragile monetary framework risks renewed volatility

Like a modern Houdini, Argentina's president Javier Milei has escaped serial financial perils, emerging each time with a revised monetary framework. Argentina's latest monetary scheme, which debuted on Janua . . .

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