Stay updated with breaking news from Patrick Gillespie. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Central Bank dramatically raises benchmark interest rate by 1,000 basis points, boosting key Leliq rate to 91% in bid to cope with inflation and economic crisis.
From a year ago, prices rose 104.3%, the highest annual level since 1991, according to government data published Friday.
Exports poised to plummet with almost half the soy crop ruined; Dollar shortage putting pressure on peso, fuelling inflation.
Argentina's monthly inflation would have accelerated in March at the highest pace in at least the last seven months, implying a new setback
Argentina's economic activity rose 2.9% year-over-year, more than economists expected in January.