overvalued

If the Argentina peso is truly overvalued, why is the blue dollar rate lower than CCL, MEP, and Official? Didn't people used to say the Blue rate is the one not manipulated by the government? At the moment of posting the rates are: Blue 1425 CCL 1512 MEP 1475 Official 1463 FYI, Western Union...

Good article in the Financial Times from today that talks about the strong peso. Argentines snap up foreign goods as Javier Milei strengthens peso https://www.ft.com/content/09616cdf-3aef-4061-984b-bd7d4e11df67