Argentina’s Economic Crisis: Milei Government Announces Austerity Measures, 50% Currency Devaluation
2023-12-13 14:03:59 The government of ultra-liberal Javier Milei devalued the currency by more than 50% on Tuesday, establishing the official exchange rate at 800 pesos per dollar compared to 391 at the close of Thursday, as announced by the Minister of Economy, Luis Caputo, who warned that Argentina is at risk of hyperinflation. “The genesis … Read more