Changes taking effect in January will allow the peso, which many believe is overvalued, to weaken more rapidly. It will also help with a plan to buy some $10bn in foreign reserves next year https://t.co/tRdESR7Nme ...

Economic Analysis - Milei's plan to curb inflation has made key progress [1] - Analysts estimate the Peso is overvalued by up to 30% [1] - An overvalued currency makes exports more expensive and imports cheaper [1] - The overvaluation cools the economy, increasing pressure for a deeper devaluation [1]