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Tag: Louis Caputo

The Argentine government announced the devaluation of the peso by more than 50%

The Argentine government, led by the ultra-liberal Javier Miley, who was sworn in on Sunday, announced this Wednesday a sharp devaluation of the peso, the national currency, by more than 50%, to 800 pesos per dollar. The decision is aimed at stabilizing an economy weakened by chronic inflation and debt. ...
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