President Alberto Fernández's announcement Friday that he would not seek reelection this year triggered the US dollar further up against the Argentine peso, reaching AR$437 / AR$442 (buy/sale) at the “blue” (a euphemism for “black market”) exchange rate. Meanwhile, the official rate stood at AR$217/AR$225 (buy/sale), for a gap of 102.26% between the two quotations.
Former Argentine Vice President Daniel Scioli insisted Thursday that he would make another attempt to reach Casa Rosada after losing the 2015 runoff to Mauricio Macri.
Former Argentine President Mauricio Macri told G-7 ambassadors in Buenos Aires that his political alliance Juntos por el Cambio (Together for Change - JxC) was “ready” for 2023.