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No need to guess how many Argentines are travelling abroad... https://www.infobae.com/economia/2025/03/26/en-este-verano-mas-de-37-millones-de-argentinos-viajaron-al-exterior-73-mas-que-el-ano-pasado/ This summer alone (e.g. a period of 3 months) more than 3.700.000 Argentines travelled abroad...

I agree up to a point about Argentines. The poor and the working poor still struggle as they did before and are cutting back consumption as a result. The only up side is that at least don’t need to worry about their little money evaporating if they don’t spend it fast enough each month making...

The poor still have their utility and transport subsidies, and most of them are still just as poor as they were before many of them for generations now. And no, I don’t hope they loose these subsidies as I believe in the concept of a social safety net and think Argentinas could be better if it’s...

https://buenosaires.gob.ar/tramites/union-civil-convivencial

USD earners in Argentina should really not be that miserable after saving how many tens of thousands of dollars from an artificially cheap lifestyle for so many years. They are now essentially just repaying their "subsidies" in the form of economic karma. What goes around, comes around so enjoy...

Yes - like any country on earth - it happens all the time and I often see them heading back on the same plane they came in on. If migraciones simply suspect you are not here for what you say you are and don't like the look of you (this last part perhaps is most important as some people will face...

Sorry that you ended up in this unpleasant situation. Why didn't you just register your relationship with your Argentine partner (you can do it online at the CABA government website) and thus get legal residency here with Migraciones to avoid all this mess and risk from overstaying/ trying to...

When hell freezes over. Argentine business owners know the reality of Argentina - what’s here today is gone tomorrow. Unless/ until the country enjoys 3 or more successive political terms with a good degree of stability throughout, for many of them the trust in the country and society itself...

“Atraso cambiario” - it hurt every Argentine sector and business that has anything to do with doing business or buying, selling components, goods and services across borders and ultimately consumers. You get paid in official dollars yet much of your costs, including paritarias in many unions...

If I am not mistaken they still use a dirty float in Peru after it emerged from a hyper and IMF stabilization plan in the 90s. As a result it continues to be the most stable currency in latin america over the decades. Many other countries like Israel, Indonesia, Turkey and Iceland too still use...

I tend to agree. On the whole, there is need and an incentive for both natural persons and businesses to have both pesos and dollars… after all there is the age-old logic that in order to make money one first needs to spend money, so I wouldn’t expect a run on the banks just yet even if some...

Just like in the CEPO-free Macri days, the Blue (and Cuevas) were still and will continue to be a thing, albeit with the Blue trading slightly below the official. Dirty tax evaders will still need to launder their dirty money… ;)

1. You can only exchange pesos in physical cash for up to US$100. If you deposit your pesos into your bank account you can then buy unlimited amount of dollars from the bank electronically and then you can withdraw the desired amount of USD banknotes from the bank as normal. This is presumably...

Just received the following mail from a bank explaining what customers can do with a local bank account from Monday: (Any issues with Castellano, Google Translate is your friend) Also interesting to note an announcement from last week, that the autoservicio terminals of Galicia will start...

https://www.infobae.com/economia/2025/04/11/el-banco-central-anuncio-el-nuevo-plan-economico-levantaron-el-cepo-cambiario-y-el-dolar-flotara-entre-1000-y-1400/ The government/ BCRA have announced that they will now imminently remove the CEPO (capital control affecting exchange rates and free...

If your housing costs are zero as in my example, living at home with parents or in free accomodation (e.g. apartment inherited from grandma), then a $2 Starbucks latte with $500 or a $5 Starbucks latte with $1100 is rather moot. And while $500 or $1100 might buy a Starbucks, it will never afford...

The purchasing power of what exactly, and at what moment? Wages vs. a limited basket of nationally produced and heavily subsidised or price controlled goods and services? Wages vs. imported or unsubsidised things like buying a house, car, foreign travel or clothes? Start of the month when wages...

Please re-read the first comments. We seem to live in an age where objectivity no longer has a place in political discussions. Instead of receiving news with objective or intelligent critiques, they are cast off immediately as being non-sensical or lies just because of "who" may be taking...

Some expats are just pissed off that their dollars buy less than before and they have lost a lifestyle privilege that they enjoyed here (yet couldn't hope to enjoy in their home countries...) thanks to artificially "low" prices for those with dollars. The same expats, with a few exceptions...

Poverty is Argentina is now considered to be at 38,1%. For comparison during the most part of the first two terms of CFK poverty in Argentina sat in a range between 30-40%, while under Macri it decreased to its lowest point since 2000 at 25,7% for a short period of time before reaching 41,7% at...