Argentina Implements Emergency Measures to Combat Inflation Crisis
TL;DR
Argentina is planning emergency economic measures to avoid a big devaluation of its currency, including tightening currency controls and increasing taxes on exports. The country is facing a financial crisis exacerbated by the COVID-19 pandemic, and the government is seeking to maintain financial stability and avoid a further devaluation of the peso.
Topics:businesseconomics#argentina#devaluation#economics#economy#emergency-measures#financial-stability
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- Central Bank to boost rates by 600 basis points as inflation soars Buenos Aires Times
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