Argentina had a severe hyperinflation in 1989, the final year of the presidency of Raúl Alfonsín, who resigned because of it. Carlos Menem, president-elect at the time, took office earlier as a result. Hyperinflation continued during 1990, and ended with the convertibility plan. Both years the inflation rate was above 2600%.[1]
- ^ Pedro Pou (March 2000). "Argentina's Structural Reforms of the 1990s". IMF. Retrieved December 23, 2024.