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  2. Argentina devalues peso, raises rates after shock primary vote

    www.aol.com/news/argentina-markets-face-election...

    BUENOS AIRES/LONDON (Reuters) -Argentina's government devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points to 118%, the central bank ...

  3. Argentina devalues peso, cuts spending to treat fiscal ... - AOL

    www.aol.com/news/argentina-braces-economic-shock...

    Since 2019, Argentina's peso currency has been kept artificially strong by strict capital controls which create a wide gap between the official exchange rate of 366 per dollar and parallel rates ...

  4. With inflation soaring, Argentina will start printing 10,000 ...

    www.aol.com/news/inflation-soaring-argentina...

    The 10,000 peso note is worth $11 at the country’s official exchange rate and $9 at the black market exchange rate. Across Argentina, hard currency — specifically, the country’s ubiquitous ...

  5. Argentine peso - Wikipedia

    en.wikipedia.org/wiki/Argentine_peso

    Afterwards, it went from a 3:1 exchange rate with the US dollar in 2003 to 178:1 in early 2023. On 14 August 2023, the official exchange rate was fixed at ARS$350 to one US dollar; the unregulated rate valued the peso at ARS$665 to one US dollar. [5] On 15 November 2023, the crawling peg was restored. [6] USD/Argentine Peso exchange rate

  6. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  7. Historical exchange rates of Argentine currency - Wikipedia

    en.wikipedia.org/wiki/Historical_exchange_rates...

    USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:

  8. Argentina, in dollar love affair, agonizes over divorcing the ...

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    María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a ...

  9. Javier Milei Slashes Argentina's Inflation in Just 1 Year - AOL

    www.aol.com/news/javier-milei-slashes-argentinas...

    Argentina's annual inflation rate fell to 117.8 percent in 2024, marking a significant drop of 93.6 points compared to the record 211.4 percent inflation rate of 2023. The sharp decline signals a ...