What will the Dollar be worth End 2020.!

[on the brink]

I would imagine new loans or "assistance packages" would come with opportune strings attached - if it were me, I would see a loan of a few billion as a price to pay (and loose) for some kind of preferential market access / concession and the state protection that comes with to allow me or my associates to cash-in on another front.

The way I see it, no matter what an Argentine government promises, it cannot be trusted to honor its commitments. It (they?) will do anything to sneak out of them.

The KIrchners eviscerated INDEC to doctor inflation rates, and thus lower bond payments tied to that rate. Reminds me of the famous Groucho Marx line: "Those are my principles, and if you don't like them... well, I have others"

 

[Rich One]

There must be Tremendous insider trading .. Argentine ADRs went up 40% in Wall Street, due to the Favorable offer to Bonistas. People that knew about the Government offer bought ADRs in Wall street . When a bad piece of news will be released Also make money , bet on the ADR's going down..! Bing swings minimum 15 % in one day.. OMG..

 

[Dougie]

Argentina imprime pesos las 24 horas del día, pero falta papel moneda

Argentina imprime pesos las 24 horas del día, pero falta papel moneda

Se busca financiar la paralización económica por la pandemia, pero las dos plantas de impresión han visto ralentizado su trabajo

www.iprofesional.com

 

[antipodean]

Argentina imprime pesos las 24 horas del día, pero falta papel moneda

Argentina imprime pesos las 24 horas del día, pero falta papel moneda

Se busca financiar la paralización económica por la pandemia, pero las dos plantas de impresión han visto ralentizado su trabajo

www.iprofesional.com

Skip the 5,000 animalito and go directly to the 50,000?

 

[antipodean]

https://www.infobae.com/economia/20...nta-la-produccion-de-los-de-1000-y-200-pesos/

Out of paper? No worries. Just import them.

It’s amazing to think that $1000s have already become the new $500s - and that doesn’t even buy you $10 worth any more.

 

[on the brink]

https://www.infobae.com/economia/20...nta-la-produccion-de-los-de-1000-y-200-pesos/
Out of paper? No worries. Just import them.

It is already in the works.

El Gobierno importará billetes de $500, mientras la Casa de la Moneda aumenta la producción de los de 1.000 y 200 pesos

Lanzaron una licitación internacional para la producción total del billete mientras que las imprentas de la ex Ciccone funciona a toda máquina

www.infobae.com

 

[Rich One]

The Dollar has reached panic values according to Infobae..!
Higher levels than 2001 when the rate reached 4,5 pesos to the dollar..! form the previous 1 dollar 1 peso..!

 

[wrangler]

200 to 1 will be the ratio by the end of the year.

 

[Redpossum]

200 to 1 will be the ratio by the end of the year.

I thought that earlier, and it's still entirely possible, but 185 now seems more likely to me.

 

[Ceviche]

Unlikely to come down from present value. Only way is up.

Anyone holding any pesos will be stupid to hold them even if bank is offering a good CD.