Brazil and Argentina to Start Working on Creation of Latam Common Currency

Brazil and Argentina to Start Working on Creation of Latam Common Currency


Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future.

Brazil and Argentina to Spearhead Common Currency Issuance Project

Ministries of Brazil and Argentina will be discussing the first steps to issue a common bilateral currency. According to statements given by the minister of the economy of Argentina, Sergio Massa, representatives of both countries will be discussing this subject at the CELAC summit in Buenos Aires on Jan. 24.

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Massa told Financial Times that the discussion would revolve around initial considerations for the issuance of the coin that would

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