Argentina’s Economy Minister Luis Caputo announces a peso devalution to 800 per dollar.
This comes as zero surprise at all.
Other measures to be implemented include elimination of taxes on exports, reduction of energy, transport subsides.
Argentina’s new central bank head will meet banks on Wednesday
New president Javier Milei (on left) is dealing with an economic disaster
This article was written by Eamonn Sheridan at www.forexlive.com. Source