perry
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https://lta.reuters.com/articulo/mercados-argentina-peso-idLTAL1N20T12V
The argentinian peso is now devaluing again today and this month I have heard rumors that a devaluation of close to 20% could be possible . Today it has reached close to 42 pesos per dollar a devaluation of over 2% since last trading day . The government is not going to prop up the peso like before meaning that a serious devaluation is on the cards. I believe that the peso will reach over 70 pesos by the end of the year based on my calculations and could even be more if the Peronists win .
The argentinian peso is now devaluing again today and this month I have heard rumors that a devaluation of close to 20% could be possible . Today it has reached close to 42 pesos per dollar a devaluation of over 2% since last trading day . The government is not going to prop up the peso like before meaning that a serious devaluation is on the cards. I believe that the peso will reach over 70 pesos by the end of the year based on my calculations and could even be more if the Peronists win .