It took about 50 days for the Central Bank (BCRA) to show the first significant nominal decrease in the stock of debt remunerated in pesos.
This huge and heavy liability, a true testimony of the excesses in monetary issuance by the Fernández administration, was reduced from $29.875 billion to...
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I don't know whats going on but I just got 63.25 from a credit card and 74.08 if you pay in the store from western union maybe a glitch or all hell breaking loose tomorrow.
western union pay in store in usa is at 77.81 can anybody explain this new contado con liquidi why has western union gone...
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
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...