Argentina's President Mauricio Macri has announced new austerity measures in an attempt to control the country's currency crisis.<br /> They include new taxes on exports and cutting government ministries by half - though it is not yet known which will be axed. <br />The duties on agricultural exports would be a rollback on one of Macri's key campaign promises. <br />Monday's announcement comes just days after Argentina's central bank raised interest rates to a world record of 60 percent.<br />Macri said the new measures were needed to control what he called an "emergency" and to shore up the peso.<br />The currency has lost more than half of its value against the dollar this year. <br />
