Argentina's central bank raised the country's benchmark interest rate to 133% from 118% on Thursday as inflation data came in worse than forecast, 10 days before voters go to the polls to choose a new president amid a deepening economic crisis.
but at the same time, due to hyperinflation, if you held on those 100,000 pesos for one year, next year they’re worth the equivalent of 40,000 pesos of today
but at the same time, due to hyperinflation, if you held on those 100,000 pesos for one year, next year they’re worth the equivalent of 40,000 pesos of today