Dollar Blue $7,12 And Climbing.....!! Stay Tuned

I (and others too, likely you as well, I don't keep track) predicted the dollar would raise in December, back in September or so.
I also predicted the dollar would lower in january (I don't think I mentionned "way down") before going up again in the following months and the month is not over yet.
Will the dollar go lower than 7 by the end of January? Could be, then I would have predicted wrongly that one, anyway, I wouldn't even have a virtual caramelo for predicting right :p

Now, to predict what the rate will be in december 2013 is a hard task, as it is it should be around 9 but there are many factors.

My comment was just a form of empathy for people making money in pesos (if that was you or I, you'd likely get annoyed reading over and over people happy about the dollar going up), hence maybe the non-need to create multiple threads, nothing else.

I understand your well placed empathy very commendable , however for us that have been biting the dust, on a fixed income since 2007, with growing inflation eating up our meager savings, while my Argentine friends earning pesos got yearly adjustments around 25%, and doubled their incomes and surpassed by far my Income in the last 5 years....!! My SSA check was increased by 1% this year...!! :mad:


It's like a Boca-River, when Boca scores my building explodes in cheering, no empathy for us River fans. :mad: should they show restraint and empathy?

My empathy is with the Argentine retirees, on meager peso income. :rolleyes:
 
The dollar blue closed at $7,25 not necesary to open a new thread....!!

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The dollar blue closed at $7,20 last Friday. The President of the Central Bank stated that this upsurge is temporary due to travelers purchases, and the dollar increase will not be reflected in consumer prices...!! B)
 
Its pretty simple, the ideological Pro K vision, the dollar will go down in March (to $6,95?). The realistic vision the dollar will reach $8,50 towards the end of 2013...!! (that is an average 10 cents per month) .
 
the dollar hasn't actually risen - it's just been a sensation of rising.

silly people.
 
According to a friend who works in the bowels of The City, the recent dollar rise has less to do with tourism and more to do with the fact that the government, sometime in early December, stopped intervening in the blue market. According to him, they had been siphoning off millions from the BCA and pumping it into the blue market every month to try and keep a lid on things. Then they stopped, and the dollar took off. Seems incredible to me that they would start mucking about in a market they themselves have declared to be illegal. Anyone else heard anything along these lines?
 
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