AssetID: 53302809
Headline: Argentina Devalues Currency by 50% as Part of Shock Economic Measures
Caption: In a televised message on Dec. 12, Argentina's economy minister, Luis Caputo, said that the country's peso will lose its value by 50%. Instead of 400 pesos amounting to one U.S. dollar, 800 pesos will now compare to one American dollar.
Keywords: Argentina,devalues,currency,50%,part,shock,economic,measures,economy minister,Luis Caputo,peso,dollar,value,President,Javier Milei,sworn in,economy,impoverished
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