Monday, 21 August 2023

Argentina Devalues Peso, Raises Rates after Shock Primary | The World

Aug 21, 2023 | Inflation has hit 113 percent in Argentina this year, leading to soaring consumer prices and plunging 40 percent of its population below the poverty line. The situation has worsened as the currency fell off the back of a shock primary election result. Madeline Lobooth reports.