Milei Begins ‘Shock Therapy’ with the Right Foot: What Happened to the Devaluation of the Argentine Peso?

El Financiero

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On the first day of the great experiment to cure the Argentine economy devastated by the crisis, he gave a victory to President Javier Milei.His government's measures to devalue the peso by 54 percent and cut the budget were well received on Wall Street, where operators raised bids for the country's bonds, and, more importantly, at home, where there were no signs of panic among Argentine buyers fearful of inflation and investors.