In Argentina, the “Blue Dollar,” an unofficial exchange rate for the U.S. dollar, is anticipated to reach new heights under Javier Milei’s leadership. Local sources report a trading rate of 1,330 pesos for selling in underground markets, a figure which surpasses the recent peak of 1,305 pesos and starkly contrasts with the official rates of 887 pesos for buying and 927 for selling set by the Central Bank of Argentina.
June 24, 2024
SOURCE: RIO TIMES
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