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Argentina clears roadblocks to use stashed-away dollars

By Thomson Reuters May 22, 2025 | 9:56 AM

(Reuters) – Argentine President Javier Milei is set to sign a decree in coming hours meant to lure out millions of dollars in cash squirreled away by residents who had long held onto the currency in a hedge against the Latin American nation’s erratic economy, his spokesman Manuel Adorni said on Thursday.

Now, Argentines will be able to use dollars without declaring where they came from, Adorni added.

(Reporting by Kylie Madry)