Argentina economic crisis: Argentina will weaken its currency (peso) by over 50 per cent to 800 per dollar, cut energy subsidies, and cancel tenders of public works, new Economy Minister Luis Caputo said on Tuesday. The robust and the most difficult decision was taken in order to minimise economic shock and to fix the country’s worst crisis in decades.Argentina economic crisis: Argentina will weaken its currency (peso) by over 50 per cent to 800 per dollar, cut energy subsidies, and cancel tenders of public works, new Economy Minister Luis Caputo said on Tuesday. The robust and the most difficult decision was taken in order to minimise economic shock and to fix the country’s worst crisis in decades.