Blue Dollar Plunge: Argentina’s Currency Gap Nears Parity

Argentina’s currency market is experiencing a remarkable shift. The gap between the official and unofficial dollar rates has narrowed to just 1.45%, a level not seen in decades. As of December 6, 2024, the blue dollar (unofficial) selling rate stood at 1,050.00 pesos, while the white dollar (official) selling rate was 1,035.00 pesos This narrowing […]