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Argentina: The FX Spread Widens and Messes (even more) The Economy

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The official exchange rate remains tamed. On average, the dollar rose 1% in October, 1.1% in September and 1% in August. Well below inflation, that averaged more than 3% per month. It is true that in the last week of October the exchange rate accelerated a little, but too little ...

 

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Argentina: The FX Spread Widens and Messes (even more) The Economy

The official exchange rate remains tamed. On average, the dollar rose 1% in October, 1.1% in September and 1% in August. Well below inflation,