Economy of Argentina GDP levels in the world, at par with Canada and Australia and surpassing both France and Italy. Argentina today (2018) is plagued by currency crisis which involved a potential bailout from International Monetary Fund. The currency declined by 18% over a period of 12 days in May 2018 to more than 25 Argentine pesos per U.S. Dollar. Argentina is considered an emerging market by the FTSE Global Equity Index (2018), and is one of the G-20 major economies. Prior to the 1880s, Argentina was a relatively isolated backwater, dependent on the salted meat, wool, leather, and hide industries for both
History of Argentina occult interests, including astrology, and a supporter of dissident Catholic groups. Economic policies were directed at restructuring wages and currency devaluations in order to attract foreign investment capital to Argentina. López Rega was ousted as Isabel de Perón's adviser in June 1975; General Numa Laplane, the commander in chief of the army who had supported the administration through the Lopez Rega period, was replaced by General Jorge Rafael Videla in August 1975. Montoneros, led by Mario Firmenich, cautiously decided to go underground after Peron's death. Isabel Perón was removed from office by the military coup on March 24, 1976. This