Argentina’s Black Market Peso Rate Tops 1,000 Per Dollar - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 50%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Argentina’s black market exchange rate hit a record 1,040 pesos per dollar Tuesday, continuing a sharp selloff as Argentines rush to buy greenbacks before the Oct. 22 presidential election.

The rate, known locally as the “dollar blue,” was near half that level as recently as July, highlighting the panic that’s gripping markets and population at large as inflation surges above 120% while frontrunner Javier Milei advocates replacing the peso with the US dollar as the nation’s currency.

“It’s evident there’s just four guys operating illegally to create fear and uncertainty about people’s savings,” Setti posted on the platform X, formerly known as Twitter.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 83. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Argentina's peso currency hits fresh record low in informal marketExplore stories from Atlantic Canada.
La source: SaltWire Network - 🏆 45. / 63 Lire la suite »

After 2 years of declines, the PC market is showing signs of lifeThe PC market might have finally bottomed out.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »