Argentina devalues peso, cuts spending to treat fiscal deficit 'addiction'

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

Communist-run Cuba will soon devalue the peso’s one-to-one exchange rate with the US dollar for the first time since the 1959 revolution, according to three sources who requested anonymity due to the sensitivity of the subject.

Cuba plans first official peso devaluation since 1959 revolution | Sources

peso-devaluation

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