Javier Milei insists practically every week on the idea of dollarizing the economy. Caputo, with the January surplus, plays the music that the market wants to hear.
Larry Fink's communication with President Milei and his promise to travel to the country in May also helps explain the exchange rate calm. The drop in free dollars and the rise in dollar bonds are two palpable results that something has changed, writes Ruben Navarrette, a Buenos Aires-based economist.