Dollar & Peso

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

In a press statement, Chair Kristalina Georgieva said Argentina’s economic situation has become ‘increasingly challenging’

Shoppers who have never set foot in Argentina have been scoring massive discounts on online purchases by setting the payment currency to Argentine pesos.  The trick, which meant their transactions were processed at the “foreign tourist dollar” rate intended for international visitors to Argentina, was used as far …

The government is paying US$1.4 billion in interest to the International Monetary Fund (IMF) in the coming days. The interest payment is the last before Argentina resumes technical conversations with the agency’s staff, which are expected to happen in late February and early March. In the talks, the …


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