Argentina’s unofficial dollar rate climbed 2% today, ending at 773 pesos per dollar. This is the highest value for September. Since last Tuesday, it has risen 4%. Comparatively, the gap with the official wholesale rate hit 121%. Against the public retail rate, the gap stands at 111%. Meanwhile, “financial dollars” stayed stable or fell in […]
Related Posts
Usiminas Gains Most from Steel Trade Protection in Brazil
Brazil’s government recently raised the import tariff on steel to 25% for selected products, positioning Usiminas, Brazil’s largest steel producer, to potentially thrive. As global trade shifts, this increase, targeting specific steel items, is set to significantly alter the competitive dynamics favoring domestic companies. Usiminas, particularly dominant in the national market for rolled steels, sees […]
Argentina exchange launches bitcoin futures trading
A Bitcoin futures contract index is now available for institutional trading on Argentina’s Matba-Rofex market. This new asset class, as of now, is not accessible to retail investors. Initially, it is reserved for institutional entities like investment funds and corporations. The contracts, quoted and settled in Argentine pesos, reference an index established by Matba-Rofex using […]
Opinion: The untimely death of Argentine actress Silvina Luna has triggered more than just grief
The untimely death of Argentine actress Silvina Luna has triggered more than just grief. It has cast a glaring spotlight on the questionable ethics surrounding the cosmetic surgery industry. At 43, Luna died from kidney failure, a health disaster linked to a cosmetic procedure she underwent a decade ago. Why did a talented and already […]