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Every measure that is being taken to combat inflation comes at a cost: Cepo / low official FX rate: exporters here in Argentina don't receive the "real" market value for their goods produced here. So this has a negative impact on the investments and job opportunities here (fair to say that...

When i first came here as a tourist in 2004 I believe it was much worse with the dog shit. Then over the years I thought it got better, but since the current crisis started, I have the impression that it got worse again. But that might be a very flawed, subjective perception that I have on this...

Yes, I believe the main driver behind these interventions is to combat the inflation. Officially the goal for this year is 29% (and Guzman a month ago said ago that this is still realistic, even though the majority of the economists were projecting at least 50-60% at the beginning of the year)...

I am also not the expert here on the blue and CCL. But it is pretty clear that the Central Bank was intervening massively since last September / October (via bond purchases with USD) and therefore pushing down the CCL. It is probably also safe to say that the blue (and also the CCL) would be...

There is an informative chart in infobae today: The increase in the blue (libre) is much stronger than the CCL. Also that the CCL was higher than the blue over the last few months was an anomaly.

One month ago there was a controversial debate between Argentina's president Fernández and his counterpart from Uruguay Lacalle Pou on the Mercosur summit, where Pou demanded more flexibility for his country to sign trade agreements with other countries (currently this is not possible for an...

Well, at the end he was being shot by one of his own, if i am not mistaken

I agree with some posters here that the USD as transaction currency / medium at least in the short and mid term (if not long term) is and will be the most common way of doing deals and exchanging goods. However, in terms of value storage I would prefer other currencies (JPY, CHF, SGD). Looking...

1) there are people living here for years without going to the US (especially now with Covid). But otherwise that is certainly a good option. However: if you come here with USD 10k it can also be a bit of an issue where to store so much cash. Especially as a first timer (then I would rather go...

Please refer to my post #14. I know at least two guys / institutions where you can send money to a US bank account and pick up the cash here (either in USD or in pesos). Obviously this goes with a commission (for a USD cash pick up I pay roughly 3%). And it also goes without saying that this...

There is some movement in the blue / dolar libre this week. If I am not mistaken, it went 10 pesos up this week to 150. Is the period of relative calm over? The Contado con Liqui (which is more relevant for the Western Union rate) seems to be stable. (Having said that, it is also a bit unusual...

Hi Gracielle I am not coming from USD, but transferring from a Swiss Franc account. The calculation is as follows (real transaction, yesterday): If I use yesterday's interbank rate, then I end up with a USD / ARS rate of 147.5 (or 146.7 if I consider the fees as well). So this rate is...

I am certainly above the levels mentioned by this one non-resident, and I am a non-resident as well. Probably has to do with an over-eagerly person at the counter or that the non-resident went to "mom and pop" WU shops where he raised more attention than at large WU centers (I normally go to a...

I don't have DNI here. No problem to pick up cash (went yesterday)

I don't see a contradiction between your point and what TWB103 is saying. Reality is: Argentina is economically so much worse off, that for people towards or at the end of the professional career (mostly elderly people) it makes much sense to move to Argentina. Lets say you have savings in the...

“Muchachos, ahora les tocó la hora de ganar menos!”

We are looking for a nanny / babysitter for the next six weeks or so (before we go to Europe for a few months). Doesnt need to be bilingual. Workload to be discussed (between 30-80%). Please PM me if interested.

I also have no clue what the logic of these measures could be. Let's look at the possible scenarios / outcome of how the situation in 14 days could be: A: the measures lead to a significant reduction in daily cases (unlikely, but who knows) B: cases remain stable over the next 14 days C...

That is a really impressive list. Although any bad news compilation could make any country look like Haiti, I hardly see any positive news. The other day I saw a pretty impressive graphic illustration of the demographic impact of Covid / current crisis (source: La Nacion): (on a side note...

I see Argentina in a state of absolute paralysis; politically, economically and socially. If you are from a dirt poor country (no offense if indeed you were), economically totally independent from Argentina with a USD income and socially not really invested in Argentina (wife, kids or wider...