Peso what level do you see it this year?

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 .
 

Rich One

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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 .

Sooner than later if Cristina is a Candidate for the Peronismo Unido , after the Paso , say in June, will be a run for your money . The IMF is all for devaluation even beyond the predicted boundaries.. Hard to pinpoint the values the dollar will reach, but this steady dollar situation , is a bad omen.
 
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London2Baires

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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 .


I think we will soon be paying with these again :

argentina-billete-australes-D_NQ_NP_12544-MLA20061338081_032014-F.jpg
:p:p:eek:
 

Rich One

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We need Macri´s strong hand to rein the Dollar in ...?

1551983966855.png
 

Rich One

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Or will Chistine/IMF come again come to the rescue....?


1552004010557.png
 

oomotep

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Wow. Could we see it hit 70.....80......100?????

I thought the IMF promised some kind of maximum range they would allow it to go to.
 
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