The market saluted the ‘pro-market’ president and braced for a steep devaluation of the peso

YPF, Enarsa, and Télam are among the companies that he’ll be targeting when he enters the Casa Rosada next month

The informal or “blue” dollar has skyrocketed to a record-breaking AR$359, its highest nominal value ever recorded. The Economy Ministry believes the leap is being driven by demand from small savers buying greenbacks in preparation for the upcoming tax amnesty, as well as seasonal demand. The current value …

All Right Reserved.  Buenos Aires Herald