Indeed, you've captured the essence.
Your observation on the challenge of aligning wage increases with the reported 55% inflation over the last 12 months resonates well. While theoretically, a 55% boost in wages could offset the loss in purchasing power, convincing employers or entities to...
You're on the right path, but there's a crucial variable in the equation that needs adjusting. Inflation isn't merely the comparison of price increases against changes in salaries or consumer purchasing power. It specifically denotes the rise in prices concerning a basket of goods within a...
This presents a complex situation. In essence, inflation stems from the dynamics of supply and demand. When there is a significant demand for a currency, both domestically and in the foreign exchange market, the currency tends to appreciate in value compared to other currencies and a basket of...
It's challenging to pinpoint exactly when the opportune time to buy during a crisis in Argentina will occur—whether it's 1, 3, or 7 years from now remains uncertain. The consensus aligns with the notion that the most favorable buying opportunity arises during a crisis, echoing the trend observed...
Thank you for the insightful responses. I've gathered that now might not be the ideal time to make a purchase. Currently residing in Amsterdam at the age of 47, my financial assets are here. The primary need for a flat in Buenos Aires arises from my frequent visits, although there are occasional...
Certainly, the payment aspect poses practical challenges.
There's an interesting case I came across: an Argentine residing in Spain successfully negotiated a 12% reduction, paying 60,000 euros for a flat in Buenos Aires. What's intriguing is the payment method—he transferred the funds into a...
Hello everyone,
I'm currently contemplating whether this is an opportune time to consider purchasing a flat in the area. I visit every year, staying for a few months due to personal connections and the ability to work remotely over the internet.
Over the past few years, properties have been...
OK, I've been following the black market dollar threads for a while, and I've had a couple of "basic" (feel free to read "newbie") questions. I think they may be shared by others, I chose to open a new thread over hijacking one of the multiple existing ones.
So:
1) What is the risk involved...
address
afip
atms in uruguay
black dollar basics
black market dollar threads
charges
current black market rate
defined by
dollar
name
newbie questions
online
phone number
regular boa checking account
risk involved
selling dollars
semi-official point of reference
specific location
withdrawing
worst-case scenario