Tag: devalues
the new government of Javier Milei devalues the peso by more than 50% and tightens the budgetary screw
New Argentine President Javier Milei (center) after an interfaith ceremony at the Metropolitan Cathedral, near the Casa Rosada government palace, in Buenos Aires, December 10, 2023. JUAN MABROMATA / AFP…
the Milei government devalues the peso by more than 50%
By Le Figaro with AFP Published 2 hours ago, Update 2 hours ago The peso, Argentina’s national currency, will increase to 800 pesos per dollar from 400 pesos per dollar.…
Trapped in the “death spiral” – how Erdogan devalues the Turkish lira
by Annette Berger 11/23/2021, 5:56 pm The Turkish lira is losing value massively. This is mainly due to President Erdogan, who is deliberately accelerating the slide in money – with…