Tourists from around the world have gotten more for their home currency thanks to Argentina's booming black market, where pesos have typically traded for 30% less than the official rate. For Argentine citizens willing to accepting a lower rate in ...
more| 30 Nov 2015 12:00 | Dallas Morning News (blog) |
In the meantime, customers in Argentina still can buy tickets in other foreign currencies or a foreign credit card in a currency other than the Argentine peso. American said it continues to operate 28 flights a week from the United States to Buenos ...
more| 17 Nov 2015 19:41 | Wall Street Journal |
Tuesday's raid comes before Argentines vote for a new president on Sunday and amid rising concerns that the incoming administration will devalue the peso and tweak foreign-exchange policies to prevent a scarcity of U.S. dollars from suffocating the ...
more| 22 Jul 2015 14:52 | Bloomberg |
Forwards traders are more bearish on the Argentine peso than any other currency in the region amid bets a new government will allow it to weaken following elections in the fourth quarter.
more| 05 May 2015 07:11 | Bloomberg |
Currency trading in Argentina is like nowhere else in the world, a trying process that involves Excel spreadsheets, byzantine tax codes and obtaining clearance from the central bank.
more| 16 Apr 2015 13:11 | Bloomberg |
Argentine local peso futures controlled by the central bank can serve as a hedge against an expected devaluation, according to Goldman Sachs Group Inc. Policy makers are intervening in the local peso futures market as offshore contracts show traders ...
more| 23 Feb 2015 09:11 | Financial Times |
Talk of a further devaluation of the Argentine peso has been around since the country's debt default last summer, but analysts at BNP Paribas believe it is now "a matter of when and not if".
more| 15 Jul 2014 23:18 | Eurasia Review |
Even exchange houses that buy and sell dollars legally will often operate in the illegal market. In these cuervas, pesos are exchanged for dollars, at 125 to 150 percent of the legal rate.
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