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Argentina monthly inflation set to spike to 12% as Milei era begins

Argentina's consumer prices likely spiked around 12% in November alone, a Reuters poll of analysts showed on Monday, which will be the first monthly inflation data under the government of new libertarian President Javier Milei. The South American country, which swore in its new government on Sunday, is battling triple-digit annual inflation already at 143% and climbing fast. Milei has said he will fight "tooth and nail" to bring inflation down.
Buenos Aires Distrito Federal United States Alison Williams Javier Milei Emilio Prado
Source: yahoo.com

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Argentina gov't moves to calm FX market, pledges no post-election devaluation

Argentina's government intervened in the foreign exchange market on Thursday to tamp down volatility ahead of the country's general elections on Sunday, while officials said there would be no sharp currency devaluation after the vote. In the black market, where dollars sell for almost three times the official rate, trading was almost absent amid a government crackdown, with bids of 900-1,010 pesos per dollar but no confirmed transactions, traders said. "The range of prices is en...
Buenos Aires Distrito Federal Richard Chang Gabriel Rubinstein Jorge Otaola Javier Milei
Source: yahoo.com

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