The rate at Argentina’s state-owned bank is AR$400.5 per U.S. dollar, a 6% devaluation compared to the rate of the Central Bank

Prices in the city have risen 146.4% since the beginning of 2023

The figures come after President Alberto Fernández sparked controversy by claiming that official statistics overestimate poverty

Execs want to know whether sector benefits will be kept in the ‘omnibus’ bill Javier Milei is preparing to send to Congress

Early projections estimate there was a spike after the run-off and foresee a return to a double-digit rate

The LEDIV bond, touted by some as a shield against devaluation, was slashed after its total stock soared to US$6 billion

The stagflation process Milei recently referenced will cause consumption, job creation, and investments to fall

The judge gave the country extra time to allow for Milei’s administration to take over

The president-elect gave the news upon returning to Argentina after a two-day trip to the US