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blue dollar

  1. L

    Wall Street Guru says Peso is very overvalued and needs to fall

    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/
  2. Finance Prof

    Supermarket Diarco in Buenos Aires is exchanging Blue dollar at 1,400 pesos to $1 USD (Any condition, shape or denomination)

    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...
  3. L

    Economy The Blue Dollar Guru Declared the Death of the Dollar - What to Invest in Now?

    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...
  4. Betsy Ross

    Blue dollar hits a new historical record! 1,500 to $1 USD

    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...
  5. Avocado

    Now Milei blames Massa for the Spike in Blue Dollar - Could it go to 4,000 pesos to $1 US Dollar?

    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. 😱😱😱...
  6. All the Answers

    Economy The blue dollar died: what is the free currency that Argentine savers now choose - El Cronista

    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...
  7. TechNow

    Economy Blue Dollar: Peso has devalued 22% over the last 30 days

    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...
  8. BuySellBA

    Real Estate News Eduardo Costantini: “Properties are cheap and the blue dollar is expensive” - La Nación Propiedades

    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...
  9. Billy Goat

    Economy The Government is experiencing its exchange "summer": how long can it last - Perfil

    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...
  10. Swowbird

    Any guesses where we think the Blue dollar exchange rate will head in 2024?

    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...
  11. James Bond

    Banking What is going on with the Blue dollar? Why is it going down?

    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...
  12. Sal P

    Newcomer Visa Exchange Rates

    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...
  13. J

    Banking Best website for getting Blue Dolar exchange rate quotes?

    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?
  14. Calgary Foodie

    Banking Are Currency Exchange Houses (Cuevas) safe to use for exchanging money?

    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...
  15. earlyretirement

    Banking Private Exchange Houses that will exchange cash at the Blue Rate

    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...
  16. E

    Western Union

    What accounts for the significant difference between the Western Union exchange rate and the blue dollar rate in the past month?
  17. RichardOne

    FX Holiday today & Monday?

    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.
  18. T

    Apartment Rental Can I negotiate down a short term apartment rental? Especially with the "blue" $$s

    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!
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