Argentina's Milei Devalues Peso by 54%

Re:Argentina's Milei Devalues Peso by 54% by xiphias2 on Wednesday December 13, 2023 @03:54PM (#38634003)

Allowing real flow of capital between Peso and USD necessitated an honest starting exchange rate.

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Re:Argentina's Milei Devalues Peso by 54% by aaronrobinson on Wednesday December 13, 2023 @06:01PM (#38635454)

Does this mean the end of the blue exchange rate then?

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Re:Argentina's Milei Devalues Peso by 54% by xiphias2 on Wednesday December 13, 2023 @07:44PM (#38636343)

I'm sure that's the goal, as Milei wants to adopt USD later, we just can't be sure of the timeline.

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