New president Milei warns of painful measures as currency value slashed, subsidies cut, public works tenders cancelled.
Argentina's government allowed the peso currency to plunge over 50% to 801 per dollar on Wednesday as markets cautiously welcomed the first details of ...
Banks had already anticipated a sharp devaluation, with some weakening their foreign exchange rate to 700 pesos a dollar. Since 2019, the Argentinian peso has ...
LONDON/BUENOS AIRES: Argentina's government allowed the peso currency to plunge over 50 percent to 801 per dollar...
Argentina will devalue the peso through its official exchange rate by more than 50% against the U.S. dollar, the country's economy minister announced late ...
Markets cautiously welcomed the first details of Argentinian President Javier Milei's plans to shock the country's beleaguered economy back on...
Argentina's peso drops more than 50% at open * Brazilian central bank decision due on Wednesday * Investors focused on Fed policy statement at 1900 GMT ...