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  1. All the Answers

    Economy Super peso: the market is excited by exchange rate stability but still sees risks - Infobae

    Super peso: the market is excited by exchange rate stability but still sees risks - Infobae Source: https://www.infobae.com/economia/2024/09/09/super-peso-el-mercado-se-ilusiona-con-la-estabilidad-cambiaria-pero-todavia-ve-riesgos/ September 09, 2024 After several months of volatility in...
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    Argentine Bonds, Peso Tumble as Wall Street Gets a Reality Check

    Milei still has a long uphill battle. Things will get worse as more and more people lose their jobs. https://www.bnnbloomberg.ca/argentine-bonds-peso-tumble-as-wall-street-gets-a-reality-check-1.2083181
  3. All the Answers

    Economy What can be bought with the new 10,000 peso bill - Infobae

    What can be bought with the new 10,000 peso bill - Infobae Source: https://www.infobae.com/economia/2024/05/08/que-se-puede-comprar-con-el-nuevo-billete-de-10000-pesos/ May 08, 2024 Prior to its introduction into circulation, the new higher denomination banknote had already lost purchasing...
  4. All the Answers

    Economy The Central Bank put the new 10,000 peso banknotes into circulation - Infobae

    The Central Bank put the new 10,000 peso banknotes into circulation - Infobae Source: https://www.infobae.com/economia/2024/05/07/el-banco-central-puso-en-circulacion-los-nuevos-billetes-de-10000-pesos/ May 07, 2024 This Tuesday, the monetary entity began the distribution of the new...
  5. Digital Nomad

    Be careful lots of counterfeit 2,000 peso bills floating out there

    Be careful as there are many counterfeit 2,000 peso notes out there. I noticed this weekend I got a 2,000 peso note. It must have come from a Cueva because I rarely go through each bill when I exchange a stack of cash but I noticed this in my stack today. I just saw several people are also...
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    Banking Peso blue rate is 40% above bank rate

    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
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    Western Union gave me $500 USD in 100 peso bills

    The lady at the counter said we only have 100s is that OK? But I wasn't paying attention and thought she meant 1000s so I said fine Next minute she pulls out these enormous sacks of cash and I had to fill my entire backpack and a large shopping bag. Wtf.. Anyone know If I take it into a bank...
  8. 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...
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    Banking I just opened a peso bank account with my passport (no DNI or precaria), here's how

    I just arrived in Argentina and managed to get a local bank account open with no DNI. I'm posting the information here in case it may be of use to anyone else. I'm personally apartment shopping and need a way to pay expenses other than paying cash in person, but I'm sure the account has many...
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    Visas Visa Rentista and the need for pesification

    Hello, I have a visa rentista from 11.2022 - it’s end 11.2023 I have enough passive income for new emigration rules to extend my visa. I can send it to my Argentinian bank accounts in USD (I already have a USD account) - In the new system can I withdraw USD or I must convert it to Peso and...
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    Economy Stock market collapse

    https://www.bloomberg.com/news/articles/2019-08-12/argentina-s-46-stock-rout-second-biggest-in-past-70-years What is happening in Argentina now is just a harbinger for a much worse scenario in the coming year . I do not believe that most expats realise how bad it will get there in Buenos Aires...
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    Economy It's Too Expensive Here!

    I know this is an old theme but I'm interested if there are others who find the cost of living difficult to manage. With the dollar stagnant against the peso, I find my costs all the more out of control. The BA Herald had an article the other day predicting 45% inflation this year.
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