US dollar reaches new record in Argentina, 11.25 Pesos

Thursday, January 16th 2014 - 09:22 UTC

Full article 10 comments

The US dollar in Argentina continued to climb on Wednesday and reached new highs both in the official market and in parallel trading or the 'blue market'. The official rate closed at 6.75 Pesos to the greenback while the 'blue' reached a record 11.25 Pesos (selling price) with a 66.5% gap between both markets. Read full article

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Faz
Whoa !!!
Jan 16th, 2014 - 09:33 am - Link - Report abuse 0
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yankeeboy
Will Think comment?
Probably not
He knows he's lost

The gov't is panicked, there's nothing left to steal.

Who would have ever thought a bunch of Marxists Terrorists could mismanage an economy so well?
I did
Jan 16th, 2014 - 11:11 am - Link - Report abuse 0
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Klingon
Yep, as the blue goes up, life improves for those earning USD here :)
Hyper inflation around the corner.
Glad I leased a new truck with fixed payments for 4 years!
Jan 16th, 2014 - 11:30 am - Link - Report abuse 0
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MagnusMaster
@3 “Glad I leased a new truck with fixed payments for 4 years!”

That´s why so many people voted CFK. We call it “voto plasma”. But you must be very naive if think your payments are fixed. Most likely they will keep track of inflation.
Jan 16th, 2014 - 01:21 pm - Link - Report abuse 0
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Klingon
@4 nope Have a spreadsheet of all the payments.
Jan 16th, 2014 - 07:35 pm - Link - Report abuse 0
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Be serious
The good news is that Argies will now have their salaries doubled.
Jan 16th, 2014 - 08:45 pm - Link - Report abuse 0
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toooldtodieyoung
Soon, all the argies will care about is surviving day to day.

No one will be thinking about the Falkland Islands, they will have bigger things to worry about.

And they will be all living in caves by the end of the year.

Nice one KFC, nice one.
Jan 17th, 2014 - 07:09 am - Link - Report abuse 0
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Be serious
7 Beginning to think the Kirchners have been British Agents all along.
1 they weakened the Argy armed forces
2 they destroyed the economy
3 scared off foreign investment
4 tore up agreements that gave Argyland a share in the budding Falklands oil industry
5 sent out a whole army of fools into the world to make ridiculous statements and tell obvious fibs.

“K” your work is done make your way to the coast where you will be picked up by sub and brought home. Congratulations on a job well done.
Jan 17th, 2014 - 09:23 am - Link - Report abuse 0
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Troy Tempest
US $ at 12 ARS Pesos by now, init??
Jan 20th, 2014 - 06:52 am - Link - Report abuse 0
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ron_57
@ 9 TiTs
is worst in the usa where the goverment cannot mail the unemployment check to millons of usa citizens, sad indeed!
Jan 21st, 2014 - 11:33 pm - Link - Report abuse 0
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