I was very curious about this one. As much as it hurts to see American farmers (who likely voted Trump) get blindsided by this, I'm happy to see Argentina find a silver lining.
Not really...they've squeezed currency holders from both sides forcing us all into a precarious tightrope using additional borrowed funds to plaster over fundamental deficiencies in medium term balance of payments. The end result, if not managed correctly, could be explosive.
I'm all for...
Queue the sound stage laugh track....
Oficial went up, therefore prices will go up. Blue goes up, therefore prices will go up. Oficial goes down...never. Blue goes down..."it's just temporary, no need to lower prices.".
Is the deed terrible? Depends on your experience. For all the apparent...
Howdy Florida,
I purchased a property in October of last year. Was told by the Escribano to wait 7 months and we were given a temporary deed to transfer the utilities in our name in the meantime. I suppose I'll follow up in the coming month or so, but it's hasn't really crossed my mind much.
Well....no surprises yet. Those with matured Plazo Fijos are trying to withdraw them to purchase dollars. Multiple reports of pending orders for purchases online cancelled and relisted at 20% higher prices to reflect change in oficial.
Public sentiment obviously reflects the idea that the...
I'm struggling to understand the oscillations here. We don't have parity yet between rates, but we have supposed opportunity of parity because of the defense at 1400. This reads a lot like...."Peso finally free to depreciate 27% to 1400 (but it's the market fault, not mine)".
We have...
Every currency peg has failed, dirty, regulated, fixed, you name it. I'm very curious, with the limits removed on expatriating profits, just what companies will do and how much of that IMF money will go around.
This. If you are a resident you can repatriate the funds into your USD account here via bank to bank wire, paying only a small transaction fee.
I paid 7% total for my closing costs and wire fees.
"Argentina is going through an international reserve scarcity crisis. Gross international reserves now sit at US$24.6 billion while net international reserves are around minus US$10 billion. The Central Bank was forced to sell dollars in 18 out of the last 19 working days amid local and...
How long are you looking to stay in Palermo? Funished units implies a short term contract - 3 months generally and I assume have some qualification hoops to jump through. There are daily places as well, but check the rates. Otherwise, there's always AirBnB. Check for those with a monthly discount.
Wow, the plot thickens...everything is happening so fast. What is not great news is that the US just threw most of it's diplomacy out the window for it's nationalist crusade. While the US carries 16% of the IMF council vote, there are many many other countries that may no longer care what the US...
Did you leave BA from 2019-2022? Maybe you should pay a visit to Neuquen sometime where asking the price meant the cashier yelling it across the store to you. Or the locutorio not even bothering to print their own price sheets and instead just flipping through their supplier's price sheet and...
"Transporte aerocomercial: los 12 gremios que integran el rompecabezas aeronáutico confirmaron su adhesión a la protesta. Los controladores aéreos también se plegaron, aunque están obligados a trabajar porque son considerados servicio esencial. Por convenio, el personal a cargo de controlar la...