It's hard to keep track of all the nuance from the outside. Did internal prices in Argentina not undergo a similar change? If not, then it was just a nominal devaluation.
I recall reading about Argentina's strict capital controls to make sure people weren't swapping their pesos for dollars.
It's hard to keep track of all the nuance from the outside. Did internal prices in Argentina not undergo a similar change? If not, then it was just a nominal devaluation.
I recall reading about Argentina's strict capital controls to make sure people weren't swapping their pesos for dollars.