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Initial market speculations regarding Massa's first measures as minister led to the Argentine peso recovering against the US dollar, with the unofficial exchange rate ("dólar blue") descending to $280 ARS per dollar on 1 August 2022, down from the peak of $338 ARS per dollar on 21 July. [32]
DolarToday was founded on May 18, 2010. It is headquartered in Miami, Florida, United States.Prior to the election of Nicolás Maduro in 2013, DolarToday was the second most popular exchange rate reference in Venezuela, behind Lechuga Verde.
In 1992 a new peso (ISO 4217: ARS) was introduced, referred to as peso convertible since the international exchange rate was fixed by the Central Bank at 1 peso to 1 U.S. dollar, and for every peso convertible circulating, there was a US dollar in the Central Bank's foreign currency reserves. It replaced the austral at a rate of 1 peso = 10,000 ...
Argentina's monetary base of cash in circulation and deposits is 6.15 trillion pesos, around $17.5 billion at the official exchange, central bank data show. At widely-used parallel exchange rates ...
The Convertibility plan was a plan by the Argentine Currency Board that pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth. [1] While it initially met with considerable success, the board's actions ultimately failed. The peso was only pegged to the dollar ...
The peso is the monetary unit of several Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire, the word peso translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign, "$", was originally used as an abbreviation of "pesos" and later adopted by the ...
These tables and graphs show the exchange rate history of both the bolívar fuerte and the bolívar soberano compared to the United States dollar (USD) between 2012 and 2021. [145] The value of one U.S. dollar in Venezuelan bolívares fuertes (before 20 August 2018) and bolívares soberanos on the parallel (or black) market through time.
The group owns Argentina's best-selling newspaper and controls 59 and 42 percent of the cable TV and radio markets, respectively, according to AFSCA, the law enforcement agency. [ 18 ] Some feared that the media law could lead to a deficit of independent reporting: Clarín is one of the few news organizations that does not depend on the ...