FX

Argentina devalues peso, slashes public spending

By Frank Prenesti

Date: Wednesday 13 Dec 2023

(Sharecast News) - Argentina's new hard-right government has devalued its currency by more than half in its first package of economic measures that include slashing public spending.


The plans, unveiled by economy minister Luis Caputo in a televised address, also include cutting energy subsidies and cancelling tenders for...

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