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The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
- 1998–2002 Argentine great depression
The 1998–2002 Argentine great depression was an economic...
- Economic history of Argentina
Argentina fell into a deep recession in the second half of...
- Argentine debt restructuring
The Argentine debt restructuring is a process of debt...
- 1998–2002 Argentine great depression
This crisis was caused in part by the extensive borrowing Argentina implemented during the presidency of Carlos Menem, and the governments dwindling tax revenue. On December 5, 2001, the IMF made an announcement that they would no longer provide aid due to Argentina's inability to meet the conditionality set by the IMF to receive loans.
Jan 11, 2024 · Argentina’s annual inflation rate reached 211.4 per cent in December, the country’s statistics agency said on Thursday, confirming the depth of the economic crisis facing the country and...
Sep 16, 2018 · In response, Argentina’s central bank raised interest rates to a world record 60 percent, while President Mauricio Macri announced a series of “emergency” measures to eliminate the primary...
