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Montevideo, June 15th 2024 - 23:58 UTC

 

 

Buenos Aires: “Blue” dollar keeps going up amid police raids

Thursday, July 20th 2023 - 09:17 UTC
Full article 2 comments

Argentina's Central Bank (BCRA) Wednesday sold US$ 130 million and 288 million yuan (around US$ 40 million) in a desperate move to keep the “blue” (a euphemism for “black market”) quotation from soaring any further after reaching AR$ 527 / US$ 1. Read full article

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  • imoyaro

    As “Anibaul” knows very well, the police raids are what is driving it up!

    https://www.pinterest.com/pin/342836590359652052/

    Jul 20th, 2023 - 09:58 pm - Link - Report abuse 0
  • Pugol-H

    How can this be, according to Brasileiro:

    ‘the dollar is worth absolutely nothing in the Global South’

    And:

    ‘The dollar doesn't really count in the Global South. So much so that it is being exchanged for the Yuan.’

    Could it be that Braz either doesn’t have a clue what he is talking about, or is bullshiting through teeth?

    Or both?

    Jul 21st, 2023 - 02:28 pm - Link - Report abuse +1

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