Argentina tightens currency controls, helping the US dollar climb to a new record

Thursday, September 17th 2020 - 09:30 UTC

Full article 4 comments

Argentina's peso currency plunged further into record low territory after the central bank tightened currency controls. The peso opened almost 0.1% weaker at 75.25 per U.S. dollar, traders said, and the country risk rose 38 basis points to 1,157. The black market peso or blue dollar plummeted 9.7% to open at a new all-time low 145 per U.S. dollar. Read full article

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pgerman
Opppssss....peronism didi it agan !!!
Sep 17th, 2020 - 01:19 pm - Link - Report abuse 0
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Tarquin Fin
I love treats! This time it's an absolute flavorful bomb! 200 grams of prime ground beef, tons of melted cheddar and crispy bacon inside our delicious home made style brioche bun!
Sep 17th, 2020 - 04:44 pm - Link - Report abuse 0
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Pugol-H
I seem to remember this all happening during the CFK years.

Price fixing, in the old communist times of E. Europe, usually meant you had to que up to buy things, if they were in stock.
Sep 17th, 2020 - 11:29 pm - Link - Report abuse 0
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Chicureo
Our cousins will never learn!

We have an independent central bank here with a free exchange market and are allowed accounts in US dollars which has been excellent for business.

If you take a peak on the attached, our peso is holding strong in exchange:
https://www.exchangerates.org.uk/USD-CLP-exchange-rate-history.html

Tarquin Fin: Enjoy your gaucho-burger!

¡Saludos!
Sep 18th, 2020 - 01:30 am - Link - Report abuse 0
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