Don't you just love the peso now trending lower below 1.40. Lol
Again, what's gonna stop it from going to 1 20 by winter here? Now that trump has meleis back the urgency for us dollars is now non existent and speculators dare not fight with unlimited fire power.
Melei can now sell his worthless pesos to keep the peso in line. Im
Getting a gut feeling he will let it go closer to 1.20, exactly where it was prior to the October 2025 crisis. Not sure why he loves the peso so strong ? Its a bizzare policy .
Either way, coupled with this appreciation in the peso and the ever present 10% per month inflation numbers, this place is doomed in the future.
Id say Argentina is around 1995 or 1996 in its countdown to another collapse.
Have fun expats