Argentina devalues peso by 50%, crypto offers a way out
Published
Argentina’s new President, Javier Milei, announced a 50% devaluation of the Argentine peso and cuts to energy and transportation subsidies. The peso’s value has been reduced from 400 to 800 pesos per U.S. dollar, which Economy Minister Luis Caputo warns will initially worsen the country’s economic…
#argentina #javiermilei #argentine #luiscaputo #argentinians #centralbank #mileis #imf