Tetaz Says Argentina Could Take Years To Rebuild Peso Trust

Argentine economist Martín Tetaz says rebuilding trust in the peso could take seven or eight years after inflation is eliminated, as savers remain attached to dollars. According to BeInCrypto, a peso term deposit kept just 44% of its purchasing power from June 2016 to June 2026, while $10,000 in peso cash fell to about $114 in dollar value. The report also said the parallel-market dollar gap narrowed to around 2% by July 2026 from above 150% in 2023.