Luis Caputo also offered details on planned changes to electricity subsidies and public transport fares

A new crawling peg, exchange restrictions and bonds were discussed following the government’s record devaluation on Tuesday

Following the government’s 54% devaluation, JP Morgan predicts a 60% accumulated inflation rate for December and January

State workers union estimates at least 10,000 people in public jobs will be fired

Argentines have been left with more questions than answers about how the 10-point austerity plan announced Tuesday evening will be implemented

Economy Minister Luis Caputo announced a series of measures and warned that inflation is going up in the coming months

Presidential spokesman Adorni insisted that ‘there’s no money’ and that the new administration ‘will do the impossible to prevent a catastrophe’

Santiago Bausili, the Central Bank president selected by Javier Milei, has yet to assume his role at the institution

State-owned YPF showed the highest increases. The incoming government says that it will aim at ‘free price fluctuation’