PoliticsArgentinaArgentina's Milei backtracks on peso switch03:11This browser does not support the video element.PoliticsArgentinaAlejandro Rebossio01/11/2024January 11, 2024Javier Milei has backed down on his election promise to replace the peso with the dollar to revive the flagging economy. Despite the U-turn and runaway inflation, opinion polls show strong public support for Argentina's new president.Copy linkAdvertisement