Dollar Blue $6,91 ...!! Historical Max. Future Trend Upwards

[Rich One]

Every time I see my landlord," I laugh all the way to the Cueva....! "

 

[ddarm]

So how much should I expect to receive from an ordinarily fair cueva today? 6.9? 6.8? 6.7?

 

[Joe]

The only thing you can expect at the cuervas today is that somebody is liable to pop a cap in your ass.

 

[Rich One]

So how much should I expect to receive from an ordinarily fair cueva today? 6.9? 6.8? 6.7?

Fair at regular place $6,85, if you walk Florida perhaps $6,90 with higher risks?

 

[toongeorges]

thinking the prices are going to go back down to $5.50 or whatever is pretty naive.

The price would come down again if people who now buy dollars for the holiday season would sell their dollars back for pesos after the holiday season. I doubt people will want to change their remaining dollars for Argentinian pesos.

 

[toongeorges]

That is one of the reasons why stores are always short of change. Too many $100 bills are flooding the market and there isn't enough change to handle it for smaller transactions. The problem will solve itself eventually of course, as lower denomination bills and coins become virtually worthless due to inflation.

Though some time they will have to start printing bigger denominations or we may end up in a pre-World War II Germany scenario where people have to pay a single bread with a wheelbarrow full of cash.

 

[Aleina Dee]

You are backing the wrong horse folks... www.lanacion.com.ar/m2/1542765-arbolitos-de-broadway-el-billete-de-evita-se-vende-a-50-dolares-en-la-puerta-del-teatro

 

[Rich One]

The price would come down again if people who now buy dollars for the holiday season would sell their dollars back for pesos after the holiday season. I doubt people will want to change their remaining dollars for Argentinian pesos.

Si, would and if, seems correct, the people that buy dollars now will spend them abroad and will have NOTHING to sell . The people that buy to hoard will NOT Sell either!

 

[nicoenarg]

Well for now $7 seems to be holding. This is some 42% more than the official rate. Now that is all kindsa messed up. Yeah its good for those who earn in dollars or who have access to dollars but the regular folk can't even get their hands on this, on top of that, inflation makes sure that their savings, in three years, are worth less than toilet paper.

I am baffled by how many middle class and poor people vote for these idiots over and over.

EDIT: Don't get me wrong, I am glad the rate is so high, it benefits me...and I also believe that you reap what you sow so since these people voted the politicians in, they can reap what they sowed. It is, however, sad.

 

[scotttswan]

That is one of the reasons why stores are always short of change. Too many $100 bills are flooding the market and there isn't enough change to handle it for smaller transactions. The problem will solve itself eventually of course, as lower denomination bills and coins become virtually worthless due to inflation.

Cash machines appear to be pumping out 50's now.