Dollar & Peso

Argentina adopting the greenback would clash with the constitution, augur hyperinflation, and risk default. The consequences would be devastating

The monetary authority has made it mandatory for bureaus de change to use an electronic system for their transactions

The Argentine government slapped Prometeon, a licensee of the Milan-based tire manufacturer Pirelli, with a US$20 million fine on Thursday for over-declaring the value of its imports by that sum. According to an investigation by Argentina’s tax and customs authorities, from 2020 to 2022, Prometeon regularly sent tires …


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