The peso will now be allowed to float freely within a gradually expanding band between 1,000-1,400 pesos per dollar. It closed at 1,074 per dollar on Friday, with parallel markets at 1,355.

Across Argentina, hard currency — specifically, the ubiquitous 1,000-peso notes — remains the most popular way to pay for things. When first printed in 2017, the 1,000-peso note was worth $58 ...

The free-fall of Argentina's troubled peso showed no signs of slowing on Tuesday, with the local currency surpassing the psychological barrier of 1,000 pesos per U.S. dollar less than two weeks ...

The Argentine peso weakened to a historic low of 1000 pesos per U.S. dollar in the informal parallel market on Tuesday, according to traders, as inflation in the Latin American nation remains in ...

Since April 14, the currency has traded below the midpoint of the band — set initially between 1,000 and 1,400 pesos per dollar before widening by 1% a month in either direction — limiting ...

Argentina Votes As The Peso Plunges Oct. 20, 2023 8:55 PM ET 7 Comments 9 Likes Calafia Beach Pundit 57.05K Follower s ...

Inflation-battered Argentina on Tuesday introduced a 10,000-peso banknote, worth the equivalent of about $11 — five times the face value of the previous biggest 2,000-peso bill.

BUENOS AIRES, Argentina — A jaguar lies beside George Washington. The United States’ first president holds a rifle with one hand as he rests the other on the dead Argentine predator. The ...

At that unofficial rate, $1 bought 1,035 pesos as of Tuesday afternoon, the first time the peso had crossed the 1,000 mark against the dollar. Before Mr. Milei won a primary election on Aug. 14 ...

Across Argentina, hard currency — specifically, the country’s ubiquitous 1,000-peso notes — remains the most popular way to pay for things. When first printed in 2017, the 1,000-peso note ...

BUENOS AIRES, Argentina (AP) — A jaguar lies beside George Washington. The United States’ first president holds a rifle with one hand as he rests the other on the dead Argentine predator. The ...