FlyerTalk Forums - View Single Post - More currency indecision?
Thread: More currency indecision?
View Single Post
Old Dec 1, 2015 | 11:42 am
  #9  
Gaucho100K
Moderator, Argentina and FlyerTalk Evangelist
40 Countries Visited
2M
50 Countries Visited
25 Years on Site
 
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Gold / Hyatt Explorist / Hertz PC
Posts: 36,210
Post
Originally Posted by Dieuwer
With the new guy in charge, can we expect the official rate to be closer to the blue rate, making Argentina no longer a bargain?
OK.... so Im kinda' of confused.

When the Peso devalues, then the new rate will be higher than the current official rate of 9.XX that we have now. Could you please be so kind as to explain how that would make nominal prices more expensive than what they are now......?????

Second question(s)..... what is your definition of a bargain...? At what level of a synthetic exchange rate do you find Argentina to be a bargain, a good deal, just a normal deal, or expensive...?

I am all ears !!!!!! (actually all eyes)
Gaucho100K is offline  
Reply