In Argentina's black market, the US dollar recently climbed past 1,000 pesos for the first time. The price of "blue dollars" surged almost 60,000% since Argentina scrapped its currency peg in 2002.
Tourists in Argentina are suddenly finding their money will go a lot further than it did just a few days ago. The peso has gone into freefall, plummeting just over 17% against the dollar in two days.
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, ...
Argentina’s infamous “blue chip” or black market dollar exchange rate – known locally as “dólar blue” has served as a fear gauge over the past few decades. At least since the latest batch of currency ...
Argentina's economic burdens have spawned a number of dollar-peso exchange rates. It's the result of the government's capital restrictions on dollar outflows. They include a black market dollar rate, ...
Suzanne Rowan Kelleher covers travel for Forbes. The U.S. dollar doesn’t stretch as far this summer in most destinations around the world—but Argentina is a noteworthy exception, with the greenback ...
Americans complain that inflation has eroded the value of their money, but the U.S. dollar looks lovely to the people of Argentina, where consumer prices rose 124 percent in August from a year earlier ...