There's usually a day or two lag.1.00 USD = 274.2500 Argentine Pesos
1:59pm
Very disappointing. CCL as quoted by ambito.com at the moment is 284.08
}CCL at $297.48 now, new cepo on cuotas at Duty Free shops just announced too.
I'm guessing we might finally hit $300 tomorrow considering further shakeups at the economy ministry are imminent.
Che Alberto, this is really strange behavior for an economy whose problem is it's growing too much...
this is no bueno. while it's a windfall for us expats it would translate into more poverty, crime and generally take away from everyone's quality of life (even ours).CCL $301.23; expect another uptick from WU Monday since they've been taking their sweet time.
Oh totally, I'm not celebrating, the benefit of this is extremely short term. Society is tobogganing towards instability both economic and social. The minimum wage at this rate is $151/month, people can't even cover rent with this let alone food, and the community kitchens keep saying they have way too much demand. Plus those of us who have dollars are not even benefitting given the crazy increases. Inflation this month is like 20% already. It's empirical, but here's the cost of a 4K webcam I was thinking of buying for work vs the WU exchange rate in dollars:this is no bueno. while it's a windfall for us expats it would translate into more poverty, crime and generally take away from everyone's quality of life (even ours).
Oh totally, I'm not celebrating, the benefit of this is extremely short term. Society is tobogganing towards instability both economic and social. The minimum wage at this rate is $151/month, people can't even cover rent with this let alone food, and the community kitchens keep saying they have way too much demand. Plus those of us who have dollars are not even benefiting given the crazy increases. Inflation this month is like 20% already. It's empirical, but here's the cost of a 4K webcam I was thinking of buying for work vs the WU exchange rate in dollars:
Middle of June: $98.21
Monday: $119
Today: $127.61
It's definitely bad. And I always feel bad for the suffering of the argentinos, which in my neighborhood I see every day. I also worry about the increase in crime.this is no bueno. while it's a windfall for us expats it would translate into more poverty, crime and generally take away from everyone's quality of life (even ours).
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