They voted us to govern and put the Argentine economy in check. Surveys on the image and government measures are accompanying us. We have set a course and we are fulfilling it," Milei stated.
The Argentine peso has depreciated by a staggering 54% following the newly elected President Javier Milei‘s tough economic measures, aimed at rescuing the nation from a deep solvency crisis and hyperinflation.
Javier Milei swore in as Argentina's new president with a promise of radical change for the nation's economy. He inherited inflation soaring over 140%, and projected potential inflation rates reaching 15,000%. He promised to reduce government spending and improve Buenos Aires-Washington relations.