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[–] 14 points 1 year ago* (last edited 1 year ago)

Especially bad given 2025 has been the worst year for the USD in decades. Admittedly only 10-12% decline for USD

Edit: I've been reading more about the Argentinian economy today. The exchange rate is very misleading. Milei has done a terrible job, but the important context to the exchange rate is that it was artificially deflated by the government for a long time. I posted a better chart in another comment

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