The measure was enforced amid a steep dollar surge in the homestretch of the presidential elections
Economics
In dig at Milei, SUBE allows passengers to ‘opt out’ of public transit subsidies
Beginning October 20, bus and subway users can pay the full fare for their rides, free of any assistance from the state
The decision affects their operations in US dollars following a run on the peso and severe reserve scarcity
Although lots of people use them, very few know the specifics of their operations or who are the actors involved
The owner, a man known as ‘The Croatian,’ is allegedly the main ‘blue dollar’ trader in Buenos Aires
The INDEC’s latest report is the second to reflect the government’s 22% devaluation in August
The offer will be for three slots at a starting price of US$350 million each
Burford requested Judge Loretta Preska to seize Argentine assets starting in October 15, which the country appealed on Tuesday
Some market participants’ operations will now be limited to AR$100 million per day