Argentina peso devalued over 50% as country's inflation races toward 200%

Argentina’s government allowed the peso currency to plunge over 50% to 801 per U.S. dollar on Wednesday as markets cautiously welcomed the first details of President Javier Milei’s plans to shock Argentina’s beleaguered economy back on track.
Source: ctv business
Argentina peso devalued over 50% as country’s inflation races toward 200%