Argentina says IMF asked for 100% devaluation after primary elections

After the primary elections on August 13, the International Monetary Fund (IMF) proposed a 100% and, subsequently, a 60% devaluation of Argentina’s currency, as communicated by the spokesperson for President Alberto Fernández. The final adjustment settled was 20%, in line with the actual 22% devaluation executed by Argentina’s government following the primary elections. In these […]

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