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Market
What will Argentina's exchange rate for the peso against the US dollar in the official market be by the end of 2024?
3
Resolution / Starting Odds
Below 200 ARS/USD • 25%
200-250 ARS/USD • 25%
250-300 ARS/USD • 25%
Above 300 ARS/USD • 25%
Exchange rate data from Argentina's Central Bank and financial news reports
Story
Argentina's Central Bank Announces Measures to Stabilize Peso, Reduce Inflation, and Sell US Dollars
Jul 13, 2024, 03:40 PM
Argentina's Central Bank has announced a series of measures aimed at stabilizing the national currency and reducing inflation. The bank has suspended passive pass operations to clean up its balance sheet as of July 11. In a statement on July 13, the bank also revealed a new scheme to end endogenous emission. Minister Caputo announced that no more pesos will be issued and that when the Central Bank buys dollars in the official dollar market, it will sell them in the financial dollar market to maintain the peso's stability. Starting Monday, the Central Bank will sell US dollars in the country's parallel foreign exchange markets.
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Similar markets
ARS appreciates by 10% or more • 50%
ARS appreciates by less than 10% • 50%
Less than $30 billion • 25%
$30 billion to $32 billion • 25%
$32 billion to $35 billion • 25%
More than $35 billion • 25%
Below 5% • 25%
5-10% • 25%
10-20% • 25%
Above 20% • 25%
Below 1,000 pesos • 25%
1,000 to 1,050 pesos • 25%
1,051 to 1,100 pesos • 25%
Above 1,100 pesos • 25%
Argentine Peso • 25%
Bitcoin • 25%
US Dollar • 25%
Other • 25%
Negative • 25%
0% to 2% • 25%
2% to 4% • 25%
Above 4% • 25%
Below 230% • 25%
230% to 235% • 25%
235% to 240% • 25%
Above 240% • 25%
Above 5% • 33%
Between 0% and 5% • 34%
Negative growth • 33%
Negative • 25%
0-2% • 25%
2-4% • 25%
Above 4% • 25%
Below 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
Above 30% • 25%
Below 20% • 25%
Between 20% and 40% • 25%
Between 40% and 60% • 25%
Above 60% • 25%
Below 10% • 25%
Between 10% and 20% • 25%
Between 20% and 30% • 25%
Above 30% • 25%
