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Argentine mint’s future in doubt after government announces closure, backtracks

39 1
03.10.2024

by Facundo Iglesia and Valen Iricibar

In an apparent communications upset, the government announced that Argentina’s mint would be shut down before quickly backtracking and providing no further information. Presidential Spokesman Manuel Adorni caused a media uproar on Tuesday with a since-deleted post on X: “It has been decided that the mint will be closed. The end.”

There has been no official announcement or disambiguation since that post.

There was already speculation that the mint could be shut down when it appeared in a list of companies destined for the chopping block with President Javier Milei’s original Bases Law. Rumors intensified when at the end of September, the Argentine Central Bank selected the Chinese state-owned mint to print the AR$20,000 bills in a private bidding process.........

© Buenos Aires Herald


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