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Peso Watch - Tourism Season Edition

2020cambio

Two notable things here on the corner cambio's board. The dollar has gone down a bit since last time. The spread on the Peso Argentino has also closed to 0.4/0.7 now that everyone knows it's gone to shit as expected.

With the tourist "high season" swinging in we have today a second point of comparison from a corner parilla.

2020parilla

The parilla is buying USD and Brasil's Real at a price above what the corner cambio is selling them for while offering to buy Pesos Argentinos for less than the corner cambio will.

This entry was posted on Saturday, January 4th, 2020 at 12:08 a.m. and is filed under Peso Watch. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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