The rate, which applies to Argentine cards only, is now 155% higher than the official rate

Judge Preska said Argentina should pledge ‘alternative assets’ — its equity interest in YPF and Paraguay’s payment for the Yacyretá dam

Inflation in Argentina spiked to 94.8% during 2022 according to the official statistics institute, the INDEC. Last year’s figure was the highest since 1990, a time when hyperinflation drove prices up by 2,314%. Last month’s inflation was 5.1%, a 0.2% increase from November (when it was 4.9%), but …

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