The peso real - a new single currency for the Mercosur

[MilHojas]

A Common Brazil-Argentina Currency? A 'Distant Mirage' For Now (bloomberg)

After meeting his counterpart Mauricio Macri in Buenos Aires on Thursday, Bolsonaro said the nations were taking a "first step" toward "the dream of a single currency in the Mercosur area, the peso real."

 

[Bajo_cero2]

It is a delirium.

 

[camberiu]

Not happening anytime soon, if ever.

Brazil has an independent central bank and the government is constitutionally barred from covering budget shortfalls with money printing.
Argentina is the exact opposite.

Until that issue is resolved, any idea of a common currency is dead on arrival.