Tag: peso
In Argentina the money is running out, the provinces are printing their own economy
Argentina’s President Javier Milei has a phrase that he repeats constantly, almost as if it were a mantra: “No hay plata” – the money is gone. Of course, that’s not…
Inflation: Argentina’s central bank wants 20,000 peso bills. – Business
Argentina’s central bank is responding to escalating inflation by issuing new banknotes. 10,000 and 20,000 peso notes are to be put into circulation this year, as the monetary authorities announced…
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%…
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.…
The announced austerity begins, the peso devalued by more than 50%
The tightening of budgetary screws has started in Argentina. The government of the new ultraliberal president Javier Milei, inaugurated on Sunday, announced on Tuesday a sharp devaluation of more than…
Javier Milei: The peso? He would "not even as fertilizer" use
Argentina’s new president wants to make the dollar the national currency and thus revitalize the country economically. But is it really that easy? source site
Future President: Dollar instead of Peso: Milei’s controversial plan for Argentina
Future president Dollar instead of peso: Milei’s controversial plan for Argentina Javier Milei has been elected as the new president of Argentina. photo © Natacha Pisarenko/AP Argentina’s future president wants…
Mexico’s ‘digital peso’ may be delayed and launched by 2024
Cryptocurrency Development The central bank of Mexico (CBDC) is still in its infancy. And it’s unlikely to be ready to launch in time by 2024. followlocal media reports Mexico’s central…