Crisis in Argentina: Peso Devalued by 54% in Bid to Revive Economy | Vantage with Palki Sharma
Argentina has devalued its currency, the 'Peso' by 54%.
It comes as part of President Milei's "shock" measures to revive the country's crumbling economy.
Argentina is the third-biggest economy in Latin America. However, the inflation rate stands at 140% and the poverty rate at 40%.
The economic 'shock' therapy is aimed at fixing the country's worst crisis in decades.
Palki Sharma brings you the headlines of the day.
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Argentina | Peso | President Milei | Latin America | Firstpost | World News | Vantage | Palki Sharma
#argentina #peso #presidentmilei #latinamerica #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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