Rich One
Registered
- Joined
- Jul 17, 2012
- Messages
- 10,371
- Likes
- 6,923
Of course the 72 blue peso 'rate' represents the existing balance of supply and demand at the moment. It seems reasonable to believe that this value reflects the market need for dollars including those under the $200 dollar withdrawal limit. So the question, it seems to me, is what is the demand for 'travel pesos' and its effect on the blue dollar? If someone is traveling and plans on using a credit card they face a 30% tax + interest charges if they run a balance on the card....so it seems logical they would need dollars now. So the question becomes is how big is this demand? It is an elastic demand for sure and many will curtail travel plans...but again...by itself it is non-measurable. Except to the local travel agents and airline executives. Talk of a '82' peso travel peso then is superfluous. Christmas thoughts.
The Blue dollar value to Purchase is $76,75...!! IMHO