Argentina to unveil new economic plan on Friday

ARGENTINA - Congressman Jorge Remes Lenicov will be sworn in Thursday as Argentina's new economy minister and on Friday he will unveil a new series of economic measures, Buenos Aires Governor Carlos Ruckauf confirmed in an interview.

Argentina's peso is expected to devalue by about 30% to 40%, breaking away from the country's decade-old one-to-one peg to the U.S. dollar, a source close to the new government said. A local news agency reported that a bill to end convertibility would be sent to