Argentina inflation | Latin Post - Latin news, immigration, politics, culture

Argentina Inflation Is So High That Country Has Introduced a 10,000 Peso Bill, Which Is Only Worth US$11

Argentina has launched a new banknote worth 10,000 Argentinian Pesos, which is 5 times larger than the previous top banknote in the country. However, it is not worth much.

Argentina Inflation Slows Down Further Amid Javier Milei Austerity Measures

Mar 12, 2024 10:22 PM EDT By Rick Martin

Inflation in Argentina may be the highest in the world, but with the extreme austerity measures implemented by President Javier Milei, it is slowly going down.

Argentina: IMF To Release $4.7B Amid Country's Soaring Inflation

Argentina, IMF Finalize $4.7B Agreement Despite Country's Failure To Meet Loan Term

Jan 11, 2024 09:32 PM EST By BERT HOOVER

Despite Argentina's recent failure to meet the terms of its $43 billion loan, the IMF has agreed to disburse $4.7 billion to the country. This lifeline is crucial for President Javier Milei, who is pushing for ambitious reforms.

Argentina President Javier Milei Sacks Thousands of Government Employees

Argentina: Thousands of Government Employees Sacked as Part of President Javier Milei's Deregulation Measures

Dec 26, 2023 10:17 PM EST By BERT HOOVER

Argentina's newly inaugurated President Javier Milei has terminated the employment of 5,000 government workers who were hired in 2023 before he assumed office.

Argentina Inflation Soars to 124% as Presidential Election Nears

Sep 13, 2023 11:45 PM EDT By BERT HOOVER

Argentina's annual inflation rate surged to 124.4% in August, reaching its highest level since 1991 and exacerbating its painful cost-of-living crisis.

Argentina Inflation Soars to Over 100 Percent

Apr 16, 2023 11:21 PM EDT By BERT HOOVER

Some people said they have "zero capacity to save" following the Argentina inflation, which has soared to 104.3%.