Argentina devalues its currency, jacks up interest rates after shock far-right primary win
Argentine far-right libertarian economist and presidential candidate Javier Milei celebrates the results of the primary elections with his sister Karina Milei at his headquarters in Buenos Aires on August 13, 2023. Alejandro Pagni | Afp | Getty Images Argentina's central bank devalued its currency, the peso, by close to 18% and hiked its benchmark interest rate by a whopping 21…