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Economy Why Argentina Faces an Economic Crisis. Again (Wall Street Journal)
Article in today's WSJ. Nothing we don't already know. https://www.wsj.com/articles/why-argentina-faces-an-economic-crisis-again-11569422388?mod=hp_lead_pos5- earlyretirement
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- argentina crisis economic challenges economic crisis financial news wall street journal
- Replies: 6
- Forum: ExPat Life
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Politics 99% loss of value in peso in my time, momentous day
Today, April 17, 2023, marks the day that yours truly has seen a 99% percent drop in the value of the peso's fx rate (for the masses) with USD, from 4.03:1 to 403:1 . Cool to have converted at both rates (sheds a tear, awaits the Tshirt). Even the dollar took about 90 years to achieve this feat...- AlfredCollins
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- argentine peso currency depreciation economic situation economic trends exchange rate financial news fx rate hyperinflation
- Replies: 4
- Forum: ExPat Life
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Banking 15% surcharge on foreign transactions on Argentine credit cards starting Sep 1
Posted in the Pesos to Euros/Dollars thread but thought this warranted its own discussion, especially if people want to try some last-minute purchases before the surcharge goes into effect. http://www.clarin.com/economia/AFIP-recargara-compras-exterior-tarjeta_0_764923763.html Google...- AnaJuana
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- argentina credit credit cards currency exchange financial news foreign transactions surcharge
- Replies: 19
- Forum: ExPat Life
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Economy Inflation in Argentina.
Imagine my surprise when I picked up the Buenos AIres Herald this morning to find it has gone up to 5 pesos. Of course there is inflation in Argentina !!- GallardoYes
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- argentina buenos aires herald cost of living currency depreciation currency fluctuations currency value economic challenges economic trends financial news inflation inflation in argentina inflation rate news reporting
- Replies: 9
- Forum: ExPat Life
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