Argentina's central bank has raised interest rates to 60 percent - up from 45 - as the country's currency continues to plummet in value.<br /> The peso dropped a further 15 percent in early Thursday morning trade and it has lost nearly half of its value since January. <br />The central bank's move comes after the IMF agreed to speed up its 50-billion-dollar bailout to Argentina, which has been struggling with high inflation and crippling economy.<br />Argentines have been exchanging their pesos into U.S. dollars in order to protect themselves from the massive devaluation. <br />Investors are also losing confidence in the government's ability to revitalize the ailing economy. <br />
