The Argentine peso continued its downward trajectory trading at 1,245 to the dollar in unofficial markets while the official rate lagged at 1,067.48, according to financial data aggregator bluedollar.net. The widening 16.6% gap between formal and blue-dollar exchanges reflects deepening skepticism about Argentina’s capacity to stabilize its economy amid dwindling reserves and political uncertainty. Central Bank interventions briefly tempered volatility.
March 31, 2025
SOURCE: RIO TIMES
Argentine Peso Buckles Under Mounting Pressure as Parallel Dollar Gap Hits 16.6%