Originally Posted by
iahphx
Thanks for the update. For both locals and tourists, I hope the devaluation of the peso is orderly. All of us knew the peso was overvalued. I don't think it's a good thing for Argentina for the devaluation to occur so quickly. Hopefully, the process will be orderly.
You are right. It is much better to use up every one of their last US Dollar reserves until a less orderly disastrous crash happens.