Category: Argentina’s

Argentina’s Newest President Just Slashed Citizens’ USD Purchases By 50x
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Argentina’s Newest President Just Slashed Citizens’ USD Purchases By 50x

Limits on USD purchases comes after panic-buying by citizens. The incoming president is a Peronist, with center-left leanings. Argentina’s inflation rate is the second-highest in the world. Purchases of the US dollar in Argentina have been cut by between 50 and 100 times following this year’s presidential elections. The Sunday elections saw the center-left Alberto…

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