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...
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
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...
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...
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...
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
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...
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...
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...
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...
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...
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.