U$D vs Pesos hit 4.3 to 1 yesterday!

[BAFinance]

About freaking time is all I have to say...let that baby keep rolling!

 

[nikad]

Nothing is gonna happen with the US dollar, anybody that has been living here long enough knows that. I am not saying it is good or bad, it just won´t happen this time.

 

[sesamosinsal]

It did?

 

[nikad]

It did?

He refers to " blue " dollar not the legal en blanco exchange rate.

 

[barnaby33]

Is there a black market currently for dollars?

 

[sesamosinsal]

The Blue Dollar is for companies/people who buy them on the black market. I knew that. But that would only be advantageous to us if we were selling dollar bills in Argentina. I don't know anyone in that business.

In other words, this means nothing for the vast majority of us who withdraw pesos from an ATM.

 

[Napoleon]

This site: [FONT=&quot]http://www.x-rates.com/calculator.html
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Says that it is US$1 = AR$4.30557 (4.30 1/2)

How can the two sites be so different?

 

[Guillo]

Probably outdated or plain wrong.
This ( http://www.dolarsi.com/ ) lists prices on the street.

 

[barnaby33]

XE.com lists the rate at 4.03/1. They are ususally very accurate.

 

[French jurist]

XE.com lists the rate at 4.03/1. They are ususally very accurate.

That's the bug 4.03 --> 4.30 (someone either had too much coffee or not enough)