Argentina’s “blue dollar” rate jumped 33.6% in August

Argentina’s “blue dollar” rate jumped 33.6% in August, ending at 735 pesos per unit. This increase happened after the country’s primary elections. The rate rose by 185 pesos from the start of the month and 130 pesos since the elections. After the elections, Argentina’s Central Bank devalued the official dollar by 22%. This made the […]

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