Argentina and Brazil’s currency proposal met with scepticism

Experts say it is unclear whether governments want currency union or trade settlement mechanism

Argentina globe

The governments of Argentina and Brazil said they are examining a common currency earlier this month, but several observers have expressed scepticism about the idea.

Some cast doubt on whether the project aimed to create a monetary union or a more limited mechanism to support trade transactions. Several observers questioned whether Brazil and Argentina were a natural currency area.

They also noted that past governments have frequently discussed a common currency in the region, but have failed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: