2018–present Argentine monetary crisis
Economic situation in Argentina / From Wikipedia, the free encyclopedia
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"Argentine monetary crisis" redirects here. For the crisis that existed from 1998 to 2002, see, see 1998–2002 Argentine great depression.
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. As a result, the presidency of Mauricio Macri requested a loan from the International Monetary Fund.[2]
You can help expand this article with text translated from the corresponding article in Spanish. (February 2024) Click [show] for important translation instructions.
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