Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Argentina’s Wholesale Peso Breaks 1,500 for the First Time

Argentina · CURRENCY Key Facts —The record: The wholesale peso closed Monday 24 August at 1,507 to the dollar, the first time it has traded through 1,500.

  • Argentina's wholesale peso hits 1,507 to the dollar for the first time on August 24.
  • Parallel market rates show blue rate at 1,540-1,560 and CCL at 1,599.
  • Country risk premium widens to 505 basis points, signaling fiscal uncertainty.

More from Tuesday 25 August →