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#peso

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By #TroyMatthews via the #MeidasTouchNetwork

Wages in #Argentina Crater After 100 Days of Milei's Presidency
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Argentina's #PrivateSector saw the steepest wage decline in 30 years

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100 days into new Argentinian President #JavierMilei's term & the economic news for that nation is not good. Private sector wages dropped 11% in December, the steepest decline in 30 years, following Milei's devaluation of the Argentinian #Peso by 54%

1/5

meidastouch.com/news/wages-in-

#BUENOSAIRES, #Argentina – Argentina elected libertarian outsider #JavierMilei as its new president on Sunday, November 19, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit #inflation, a looming #recession and rising #poverty.

His plans include shutting the #CentralBank, ditching the #peso, and slashing #spending, potentially painful reforms that resonated with voters angry at the economic malaise.
rappler.com/world/latin-americ

#DidYouKnow #DYK

1. The “Dollar” currency originated from the “Peso” currency, or the Spanish dollar.

2. The #Dollar symbol (“$”) originated from the abbreviation of “Pesos”.

3. The #Peso is the currency for many countries in the Americas.

4. The #Philippines invented the Peso currency symbol (“₱”) and is the only country using it.

🛈 en.wikipedia.org/wiki/Peso

#OpenKnowledge #Infodump #Trivia #YourOnlyOne #NowYouKnow

@youronlyone@calckey.social

[[Dollar]] [[Peso]] [[Philippines]] [[currency]] [[$]] [[₱]]

en.wikipedia.orgPeso - Wikipedia