peso

Peso should sink faster now. Still waiting for free float. https://www.economist.com/the-americas/2025/12/17/javier-milei-loosens-his-grip-on-the-peso Archived version

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...

As Javier Milei prepares to meet with investors in New York on Friday, fund giant Pacific Investment Management Co. has a clear message for the Argentine president: Let the peso float freely. Milei should take advantage of his party’s major win in congressional midterms and strong backing from...

https://buenosairesherald.com/economics/dollar-peso/milei-won-but-the-peso-weakened-again-what-happened

US intervention doesn't seem like it is helping too much. https://www.ft.com/content/815ef487-0d0e-430c-b140-9bc39dbd1a53 https://archive.ph/O3gWx#selection-1557.0-1557.60

Peso looks like it's going to really start falling apart. Some on this forum predicted this a while back. What a big defeat Milei and his team took in the Province elections. Let's see how the mid-term elections in October go...

Good article in the Financial Times

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

Caputo and Milei are crooks. Milei is doing everything he said he was against during his campaign. Imagine wasting $3 billion dollars trying to manipulate the peso! https://eleconomista.com.ar/economia/caputo-ya-gasto-casi-us-3000-millones-frenar-dolar-torno-1200-n82811

Super peso: the market is excited by exchange rate stability but still sees risks - Infobae Source: https://www.infobae.com/economia/2024/09/09/super-peso-el-mercado-se-ilusiona-con-la-estabilidad-cambiaria-pero-todavia-ve-riesgos/ September 09, 2024 After several months of volatility in...

Milei still has a long uphill battle. Things will get worse as more and more people lose their jobs. https://www.bnnbloomberg.ca/argentine-bonds-peso-tumble-as-wall-street-gets-a-reality-check-1.2083181

What can be bought with the new 10,000 peso bill - Infobae Source: https://www.infobae.com/economia/2024/05/08/que-se-puede-comprar-con-el-nuevo-billete-de-10000-pesos/ May 08, 2024 Prior to its introduction into circulation, the new higher denomination banknote had already lost purchasing...

The Central Bank put the new 10,000 peso banknotes into circulation - Infobae Source: https://www.infobae.com/economia/2024/05/07/el-banco-central-puso-en-circulacion-los-nuevos-billetes-de-10000-pesos/ May 07, 2024 This Tuesday, the monetary entity began the distribution of the new...

Be careful as there are many counterfeit 2,000 peso notes out there. I noticed this weekend I got a 2,000 peso note. It must have come from a Cueva because I rarely go through each bill when I exchange a stack of cash but I noticed this in my stack today. I just saw several people are also...

just looking at rates today, its shot up heaps since last wednesday, is now around 40% above bank rate. http://www.ambito.com/economia/mercados/dolar.asp

The lady at the counter said we only have 100s is that OK? But I wasn't paying attention and thought she meant 1000s so I said fine Next minute she pulls out these enormous sacks of cash and I had to fill my entire backpack and a large shopping bag. Wtf.. Anyone know If I take it into a bank...

Today the dollar hit $6.15 in the blue market and as high as $7.50 in the interior of the country... amazing! In 30 days the price has gone from 5.03 to 6.15, moving more than an entire peso. We have broken the psychological barrier of $6 pesos. That's a devaluation of 22% in just 30 days. What...

I just arrived in Argentina and managed to get a local bank account open with no DNI. I'm posting the information here in case it may be of use to anyone else. I'm personally apartment shopping and need a way to pay expenses other than paying cash in person, but I'm sure the account has many...

Hello, I have a visa rentista from 11.2022 - it’s end 11.2023 I have enough passive income for new emigration rules to extend my visa. I can send it to my Argentinian bank accounts in USD (I already have a USD account) - In the new system can I withdraw USD or I must convert it to Peso and...

https://www.bloomberg.com/news/articles/2019-08-12/argentina-s-46-stock-rout-second-biggest-in-past-70-years What is happening in Argentina now is just a harbinger for a much worse scenario in the coming year . I do not believe that most expats realise how bad it will get there in Buenos Aires...