Since last month the Peso Uruguayo has fallen a bit against the dollar. I had fallen more, but actually recovered value without any central bank action following the election. On the other hand, the Peso Argentino's wide spread which hand been holding rather steady fell to 0.35/0.85 with cambios across the city offering a variety of similarly wide spreads.
As this may very well be the last Peso Watch from Uruguay, I present blue skies from a Peso watching roost.
