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Argentina devalues peso by over 50% against dollar
07:07
Americas
Argentina devalues peso by over 50% against dollar
Just days after becoming president of Argentina, Javier Milei has begun major economic reforms to address the country's inflation problem. Among the reforms is devaluing the peso from 365 pesos to 800 pesos to the dollar a move analysts say may cause further inflation. Milei, however, says these economic reforms will help the country get back on track. Emre Boz has this report.
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