Argentina’s Veep Kirchner Calls for Political Pact to End Country’s Currency Woes

Vice-President Cristina Fernández de Kirchner has criticized what she calls "bimonetarism" where Argentines earn and spend in pesos, but save and import in US dollars.

RIO DE JANEIRO, BRAZIL - Argentina's Vice-President Cristina Fernández de Kirchner has called for a grand political agreement to solve the country’s mounting currency crisis, a move that was mostly met with incredulity among opposition politicians.

In a rare public statement issued Monday, October 26th, touching on a number of issues, Kirchner said that Argentina’s “bimonetary economy” – in which the public earns and spends in pesos, but saves and imports in US dollars – is unsustainable and must be fixed once and for all.

The ex-president, who led Argentina from 2007 to 2015, called for the . . .

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