Peso Devaluation News Today

38,000 meal centres received their last batch of govt supplies in Nov before Milei was inaugurated

Last week, Argentinas statistics agency published annual inflation of 254pc

Milei pushed the prices further up through peso devaluation, subsidy cuts, loosening price controls

A 211pc inflation, widening gap between official and parallel exchange rates are the reasons

Argentina's newly elected leader, Javier Milei, presented Wednesday a series of measures to deregulate the country's struggling economy by...

Expert described the election result in favour of Sergio Massa as a victory for the peso

Self-employed individuals will find solace in a six-month tax relief period, and those reliant on food benefits will receive supplementary stipends to assist them in navigating the crisis.

(Bloomberg) -- The International Monetary Fund expects to conclude a review of its $44 billion financing program to Argentina in the coming days, potentially giving the South American nation a lifeline to keep its economy afloat until a new president takes office in December.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink...