Argentine Peso

Argentine Peso

Argentine Peso overview

The peso (established as the peso convertible) is the currency of Argentina, identified by the symbol $ preceding the amount in the same way as many countries using dollar currencies. It is subdivided into 100 centavos. Its ISO 4217 code is ARS. Since the late 20th century, the Argentine peso has experienced a substantial rate of devaluation, reaching 25% in 2017. The official exchange rate for the United States dollar hovered around 3:1 from 2002 to 2008, climbing to 6:1 between 2009 and 2013. By August 2018, the rate had risen to 40:1.

1 ARS to USD exchange rates chart

ARS to  exchange rates chart

Argentine Peso news

Argentine recession seen bottoming out in Q1: IMF - Taipei Times

Argentina’s shrinking economy would bottom out in the first three months of next year and start to recover in the second quarter, an IMF official said on Saturday.

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Will the real Mauricio Macri please stand up?

Two things connect Macri’s negotiations in the Chamber of Deputies, the Senate, and with union leaders: Macr

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Forced marriage between Argentina and the IMF turns into a fiasco

While the discontent of the Argentine people grows day by day, President Mauricio Macri flees to the United States. In New York, he continues (...)

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Argentina’s peso—fresh out of a crisis—is close to being overvalued, says B. of A.
Argentina’s peso—fresh out of a crisis—is close to being overvalued, says B. of A.

Argentina’s peso is on its way to being overvalued, according to analysts from Bank of America Merrill Lynch.

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Bitcoin trapped in tighter range than Mexican peso, Brazilian real and other popular currencies
Bitcoin trapped in tighter range than Mexican peso, Brazilian real and other popular currencies

Bitcoin volatility has plunged to levels that in theory could push day traders to switch from virtual to tangible currencies.

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Argentina’s Peso Falls – and so Do Migrant Workers’ Remittances to Home

Workers from around the world came to Argentina for jobs that would let them send meaningful remittances to family members in their home countries. But Argentina’s peso is rapidly depreciating, and inflation is rising, and now many of these migrant workers are wondering what to do about the plunging values of their remittances and their bank accounts.

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Latam stocks set to fall amid caution as U.S. midterm vote eyed
Latam stocks set to fall amid caution as U.S. midterm vote eyed

Nov 6- Latin American stocks were set to fall for a first session in six on Tuesday, plagued by caution as traders watched the progress of the U.S..

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Investors and Dealers Increasingly Leverage MarketAxess for Global Emerging Markets Liquidity

Geopolitical Environment Driving Greater Volatility and Need for Efficient Access to Global Markets NEW YORK, LONDON and SINGAPORE, Nov. 06, 2018 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, has seen significant adoption of its electronic trading capabilities for Emerging Markets debt.

imperative positive

ARS currency converter