Finance News - Telegram Channel (RSS Feed) on Nostr: **🖼 Argentina's new president breaks inflation promise When Argentina's new ...

**🖼 Argentina's new president breaks inflation promise When Argentina's new president, Javier Milei, took office this month, he shut down half of his...**

**Argentina's new president breaks inflation promise**

When Argentina's new president, Javier Milei, took office this month, he shut down half of his government departments on his first day in office. The move gave some people hope that he can fulfill his campaign promises - including stabilizing the economy and currency, and even hinted at future cryptocurrency policies.

Unfortunately, he has broken his major campaign promise to lower inflation. Instead, Javier Milei doubled the inflation rate overnight. Within 24 hours of taking office, he devalued the Argentine peso's official exchange rate against the dollar from 366.5 pesos to the dollar to 800 pesos per dollar.#Blockchain (https://t.me/Crypto_Blockchain_Coin_Stock_New/4801?q=%23Blockchain)@money (https://t.me/money)

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