Argentina Blue Dollar Goes up to 1,220 pesos to $1 USD

[Uncle Wong]

We have a rule in our family not to discuss politics !!

But a few of my acquaintances will be changing their vote!

We have the same rule in my family. The last election was ugly in our family! You would think things would be better after the election but a few of my siblings are on non speaking terms as they hate Trump.

 

[Starfish]

The crazy thing is that even if it gets to 1,400 by election day, it might not even make up for the price inflation in ARS despite the lower inflation rate this year. Therefore, any expat or future expats with income in USD, especially those on fixed income, better be prepared to continue to pay more in USD. The price increases won't be as bad as last year but it's a a tough baseline to get used to after years of cheap prices for those who were able to take advantage of the Blue Dollar rates.

Expats are getting killed!

 

[Digital Nomad]

But with inflation still going at 3% to 4% a month I'd think the blue rate will keep going up?