I don't think it takes a Wall street guru to point out that the Argentine peso is way way overvalued. If Trump imposes any tariffs the peso will free fall.
https://www.lanacion.com.ar/economia/dolar/el-duro-pronostico-de-un-guru-de-wall-street-sobre-el-dolar-en-la-argentina-nid10122024/
My doorman just told me that the supermarket chain Diarco is allowing people to exchange any US dollars they have and exchange at the rate of 1,400 pesos to $1 US which is higher than the current blue rate of 1,325. I think you have to end up purchasing something there but they will give you...
Following the government's announcements that are pushing the blue dollar down sharply, Di Stefano (the Blue Dollar Guru) once again prefers buying sovereign bonds over dollars, especially considering that Caputo said he will ensure the payment of interest due in 2025.
Could he be right? How...
Wow. Didn't think we would hit 1,500 so quickly as we were just at 1,000 pesos a few months ago. It's accelerating. Will be interesting to see how high this heads up. This is the reason why you don't buy more than a month of pesos to cover expenses...
Funny that Milei is still blaming Massa for everything. Now he is blaming him for the sudden spike in exchange rate. I am not financial guru but scary to hear that the peso can go 4,000 pesos to $1 US dollar. 😱😱😱...
The blue dollar died: what is the free currency that Argentine savers now choose
Source:
https://www.cronista.com/infotechnology/finanzas-digitales/murio-el-dolar-blue-cual-es-la-moneda-libre-que-ahora-eligen-los-ahorristas-argentinos/
March 08, 2024
Due to the accelerated loss of value of...
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...
Eduardo Costantini: “Properties are cheap and the blue dollar is expensive” - La Nación Propiedades
Source:
https://www.lanacion.com.ar/propiedades/inversiones/eduardo-costantini-las-propiedades-estan-baratas-y-el-dolar-blue-caro-nid29092023/
September 29, 2023
The creator of Nordelta...
Ah, the economic telenovela continues with its twists and turns, keeping us all on the edge of our seats! So, the master plan is a 2% monthly devaluation of the official dolar – a slow and steady dance with inflation. But wait, the plot thickens! The $800 rate, once a shining star, might lose...
I formally lived in Buenos Aires and I rented out an apartment to a friend for many years. The lease is finally coming off the lease and I don't think I will renew it as I want to come back to Buenos Aires. I recently reconnected with an old amiga and want to visit her as well as some others I...
Yesterday I thought they said the blue dollar was going to go up. Instead, it is going down. -https://www.ambito.com/contenidos/dolar.html
Does anyone know why the blue dollar went down? It is getting more expensive. I don't want to complain too much as I still got 960 pesos to $1 USD...
Has anyone observed the decrease in exchange rates for Visa credit cards, going from over 1 USD = 800+ ARS to the current rate of 1 USD = 374 ARS? We'll be traveling to Buenos Aires in two weeks, and I'm considering whether to use my credit card or bring cash to take advantage of the more...
Forgive my ignorance but I hear all the time everyone talking about the "blue dolar". I understand that it's an exchange rate that you will get to exchange $100 US bills. What are the best websites as I see many and some have different spreads. Which are the most accurate?
I've received information from tour operators suggesting that using street exchanges or money exchange houses might not be safe due to recent governmental actions post-election. It seems the new administration is clamping down on unauthorized cash exchanges. If this is accurate, what would be...
Money matters are a bit complicated in Argentina and there are many different exchange rates but the key exchange rate to note is the "Blue Dollar" rate. You can always see the Blue Dollar rate at this website: https://www.ambito.com/contenidos/dolar.html
There is an official rate that no...
Due to the unstable FX situation with the Blue Dollar at $ 442 and climbing .... It was announced on TV the FX holiday for Monday...? Means no official rate will be available...?
Please confirm.
I'll be arriving in BA in a few weeks and know that short term rentals need to be paid in $$US. However with the blue exchange rate of over 6pesos:$1 should I be able to get a better monthly rental price? Is it typical to negotiate anyhow? Thanks all!