re USD to Arg Peso
Hi Rigby,
I'm in Puerto Natales, Chile, at the moment and won't be back in Argentina for another week or two. But since I left Argentina a week ago, the govt have finally let the over-priced peso slip, from what was officially around 6 pesos for $1 to now 8.
When it was at six, the black market was at around 9.
I skimmed an article in the Economist saying something about the govt letting citizens collect USD, but there were limits and conditions etc and it wasn't very clear and I wasn't in the mood to try and understand it. Thus, I suspect there is still a black market, probably still offering around 30% more for your USD.
Either way, a few dollars in your pocket is always handy and at least the official rate is getting cheaper. And thank Christ.
Will let you know when back.
Not that I would use the black market, of course, but I can ask.
Anon!
Bob
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