Argentine Economy Minister announces a devaluation of the peso

<p>Argentina's Economy Minister Luis Caputo announces a peso devalution to 800 per dollar.</p><p>This comes as zero surprise at all. </p><p>Other measures to be implemented include elimination of taxes on exports, reduction of energy, transport subsides.</p><p>Argentina's new central bank head will meet banks on Wednesday </p><p>New president Javier Milei (on left) is dealing with an economic disaster</p>

This article was written by Eamonn Sheridan at www.forexlive.com.