Tag: devaluing
Devaluing the peso by 50%, an effective or suicidal treatment to save the economy?
The rheumatism of poverty, a debt with a strong cough, and an inflationary fever whose thermometer is skyrocketing. The symptoms do not lie: the Argentine economy is sick. Count 40%…
Argentina’s new government is sharply devaluing the national currency
As of: December 13, 2023 8:50 a.m Argentina’s new head of state Milei had already announced “shock therapy”. Now his government is devaluing the national currency, the peso, by more…