Argentina is grappling with the world's highest inflation rate. To cope, the country's central bank just launched its biggest banknote ever – the 10,000 Peso bill. This is five times larger than the previous top denomination.

Argentina issues 10,000 Peso bill to combat world's highest inflation

Days after taking oath, Argentina's President has taken his very first steps in implementing his short therapy programme. President Milei devalues Peso by 54%.

Argentina's government devalues Peso by 54%

Argentina imposes limits on banks’ dollar holdings amid concerns over devaluation 

Argentina's black market peso plummets as libertarian Milei secures presidential win

The Mexican Coast was slammed by Hurricane Otis early Wednesday. Morning battering houses and hotels forcing the tourists to run for cover as it pounded the coast.

Hurricane Otis slams Mexican coast as a category 5 storm

In the latest development, the government has claimed that the international monetary fund wanted a '100% devaluation' of the Peso. But the number came down to 18% after some discussions, it added. The statement however underscores rising pressure on the embattled peso, which was devalued and pegged at 350 per dollar on Monday.

Argentina claims IMF wanted 100% devaluation of Peso

Mexico's vibrant remittance ecosystem is one of the biggest in the world. It supports millions of families and is now under severe pressure. Watch this report for more.

Increase in Peso's value & rising inflation disrupt remittances

Stronger Mexican peso cuts the value of remittances from the U.S.

Argentina: 2000 peso notes enter circulation, still worth $4

Philippine currency peso drops to lowest level in more than 16 years

Argentine President Mauricio Macri vowed to win a second term despite a surprisingly strong performance by the opposition in the primary election that set off a shockwave through markets, crashing the peso currency and sending stocks and bonds tumbling.

Argentina: Economic crisis follows poll results

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