this post was submitted on 25 Dec 2023

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Under Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubled (www.nytimes.com)

submitted 10 months ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml

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[–] BraveSirZaphod@kbin.social 8 points 10 months ago

Instead of respecting the international money market exchange rates for USD to the Peso

You're completely ignoring the black market Peso : USD conversion rate, which is even lower than what Millei has shifted things to at about 1000 pesos per dollar. The aim is to try to get the rate to actually reflect reality.