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Analysis of the current financial situation in Argentina
Some call him the "Messi" of finance, the Minister of Economy of Argentina, Luis Caputo, has implemented an economic stabilization plan aimed at strengthening the Argentine peso and controlling inflation. Below, the main measures and strategies adopted are detailed:
1. Elimination of monetary issuance: Caputo announced in July 2024, that the Central Bank would stop printing pesos to finance the fiscal deficit, seeking to curb inflation and stabilize the national currency.
1. Elimination of monetary issuance: Caputo announced in July 2024, that the Central Bank would stop printing pesos to finance the fiscal deficit, seeking to curb inflation and stabilize the national currency.
I started with Binance about two years ago, during the cryptocurrency boom. I entered with 50 dollars which soon decreased to 20. That left me completely disappointed.
Later, with the downturns and the crisis in Argentina, I returned to using Binance as a store of value.
And now, with the new dollar crisis, I once again take refuge in Binance and in crypto assets.
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Later, with the downturns and the crisis in Argentina, I returned to using Binance as a store of value.
And now, with the new dollar crisis, I once again take refuge in Binance and in crypto assets.
#ARG #Binance $BTC $BNB $SOL
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📍 From 2 PM to 6 PM — and at night we celebrate Binance's 8th anniversary with a party and toast!
Don't miss it, register now:
https://www.binance.events/4BWaWe
#argentina #argentinos #ARG
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