Argentina halts expanding its monetary base to reduce inflation, per Economy Minister Luis Caputo.

Argentina will halt expanding its monetary base to reduce inflation, according to Economy Minister Luis Caputo. From now on, the amount of money in circulation will remain the same or be reduced, with the central bank's dollar sales affecting the exchange rate. This decision follows a five-month streak of slowing inflation, which ended in June with higher inflation rates compared to May.

July 13, 2024
7 Articles

Further Reading