Tag: devalues
Milei devalues the currency and launches a strong fiscal adjustment, with increases in taxes and prices
In the midst of great market expectations, the enthusiasm of those who believe in the promises of Javier Milei and a fear of apocalyptic overtones among Argentines who did not…
New Argentine government devalues peso by 54 percent: “Avoid catastrophic hyperinflation”
President Javier Milei’s new government in Argentina has announced a 54 percent devaluation of the peso. Argentinians will now have to pay 800 pesos for one dollar, Economy Minister Luis…
The new policy of naturalization devalues German asylum law
By Gunnar Schupelius In the future, everyone who has lived here for five years should be able to stay in Germany and also get a German passport. This is how…
Sri Lanka devalues currency by 15 percent | Abroad
The central bank will now allow the currency’s exchange rate to fluctuate, up to a maximum of 230 rupees for one US dollar. That is 15 percent less than today.…