VOICED : Argentina reconoce alta inflacion

VOICED : Argentina reconoce alta inflacion

Assessment

Interactive Video

Business, Social Studies, Economics

9th - 12th Grade

Hard

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In January 2022, Argentina experienced a 3.7% inflation rate, the highest monthly increase since 2002. This figure aligns closely with private estimates of 4.61%. The inflation surge is attributed to the peso's 18% devaluation against the dollar, following the Central Bank's decision to let the currency float due to dwindling foreign reserves. This move was necessary as Argentina faced challenges in accessing global capital markets.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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