Published: Aug 18, 2023, 05:00 IST | Updated: Aug 18, 2023, 05:00 IST
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.