The informal exchange rate hit AR$503, having started the week at AR$492
The informal exchange rate hit AR$503, having started the week at AR$492
‘It would be weird if parallel exchange rates stood still’
Tourists spent US$5 million per day through official channels, five times more than in 2022
The foreign tourist dollar rate remains in place, but glitches in some apps and delayed reimbursements are causing confusion.
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 …