1 euro = 5,92 pesos LA NACION

[chris]

According to today's NACION, the parallel (black market) rate for the euro is now 5,92!

http://www.lanacion.com.ar/1475669-el-paralelo-acelero-su-aumento-y-ya-cuesta-mas-que-el-euro

 

[glasgowjohn]

Surely that should be the parallel market for the Dollar....

 

[el_expatriado]

Surely that should be the parallel market for the Dollar....

Yes, that is the rate for the dollar. The story was that it is now more expensive to buy the dollar in the parallel market than to buy the euro in the official market.

The gap between the official dollar and the parallel dollar keeps getting bigger every day. Great news for expats with dollars!

 

[dennisr]

Next shoe to drop, multiple exchange rates.

 

[TexanPaul]

I propose a third rate: the actual street value. Out of curiosity I went to the local "cueva" and they offered to buy at 5.10...?