Brazil and Argentina to Begin Preparations for Common Currency

Brazil and Argentina to Begin Preparations for Common Currency

• Argentina and Brazil will begin preparations to create a common currency, Argentina’s economy minister has said. Sergio Massa said that the two countries would soon decide to start “studying the parameters needed for a common currency”.

• The currency would initially be a joint Argentine-Brazilian endeavour, which other Latin American countries could later adopt. In an interview with the Financial Times, the economy minister said the two countries would first study fiscal.

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Published date : 24 Jan 2023 06:20PM