MercoPress. South Atlantic News Agency
New record for the US dollar in Argentina's 'blue market', 13.20 Pesos
The US dollar in Argentine money markets continued its rising path on Thursday with a new record climb to close at 13.20 Pesos. This so-called “blue” dollar had jumped 20 cents to 13.15 pesos on Wednesday, breaking its 13.06 Pesos record from 23 January. Read full article
Comments
Disclaimer & comment rules“Today we are in the hands of an international financial power comprised of small, voracious interests that form a real international mafia,” Argentine Cabinet Chief Jorge Capitanich, told reporters.++
Aug 15th, 2014 - 07:53 am - Link - Report abuse 0WRONG!
the mafia is the arg robberment gang of ck, filling their pockets with the money of the poor.
Not long now before RGs are performing currency swaps in magic beans.
Aug 15th, 2014 - 12:54 pm - Link - Report abuse 02. That's funny.
Aug 15th, 2014 - 03:38 pm - Link - Report abuse 0Everyone I know is asking for interest free payments and putting everything on their cards.
Aug 15th, 2014 - 05:12 pm - Link - Report abuse 0My car payments are getting cheaper monthly :)
@ 4 Klingon
Aug 15th, 2014 - 09:28 pm - Link - Report abuse 0How can be putting something like a car on a credit card be interest free?
Or is this the economics perculiar to TDC?
@5 2 different things I was talking about sorry
Aug 15th, 2014 - 09:58 pm - Link - Report abuse 0You can't pay for a car with credit card.
I done a 4 year lease with a 20k peso buyout at the end. So as to stretch it out as much as possible, my monthly payment will be practically nothing in 4 years. If the peso/usd jumps up over 20/1 I will cash in some usd and buy out the lease. Then I will own a new car for about $usd10k !
This is a survive for now and decimate the future policy.
Aug 16th, 2014 - 12:13 am - Link - Report abuse 0Argentine Savers are being taken to the cleaners, and when there is nothing left , then the riots begin. Same old Same old.
Venezuela still desperately needs toilet paper. Soon the Argies will be able to trade those pesos......
Aug 16th, 2014 - 10:48 am - Link - Report abuse 0@ 6 Klingon
Aug 16th, 2014 - 10:48 am - Link - Report abuse 0Now that I DO understand! :o)
@7 No one is saving in pesos here.
Aug 18th, 2014 - 12:21 am - Link - Report abuse 0Either spend it or lose 40% this year. Everyone has spent their wad on stock or tangible goods already.
I don´t care what they say. I don´t care how many financial jewels they try to sell. I will buy as many US$ / Euros as I can. That´s the only way I can protect my money and, if necessary, fly away from here.
Aug 20th, 2014 - 04:54 pm - Link - Report abuse 0Leave stock, bonds, for those who want to risk their necks and life-time savings.
I would eat my foreign currency before putting it in a Argentinian bank. Much less risking it to be seized by the kirchnerite.
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