How long before the Peso collapses (again)
Jan 16, 2009, 3:11 pm
#61
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Jan 16, 2009, 3:23 pm
#62
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Of course people in-the-know reside in Las Cañitas - like my next door neighbor with his "pied-à-terre on the trendiest street in B.A".
http://nymag.com/guides/changeyourlife/16047/
John
http://nymag.com/guides/changeyourlife/16047/
John
Jan 16, 2009, 4:53 pm
#63
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Wirelessly posted (Palm TX: Mozilla/4.0 (compatible; MSIE 6.0; Windows 98; PalmSource/Palm-D050; Blazer/4.3) 16;320x448)
John, thats a 3 year old story.....
John, thats a 3 year old story.....
Jan 16, 2009, 5:05 pm
#64
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Jan 20, 2009, 2:15 am
#65
In memoriam
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Of course people in-the-know reside in Las Cañitas - like my next door neighbor with his "pied-à-terre on the trendiest street in B.A".
http://nymag.com/guides/changeyourlife/16047/
John
http://nymag.com/guides/changeyourlife/16047/
John
Jan 20, 2009, 2:56 am
#66
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Obviously there is a huge difference in a 7-14 day holiday & a longer term stay. BA is cheap if you rent an apartment. There are very few other cities in the world that can match the BA apartment market for value. This make long term stays incredible value. Naturally most tourists opt for hotels
Jan 20, 2009, 4:44 am
#67
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I won't personally make any recommendations about which agency to use but you will find some ideas in this recent thread amongst others:
http://www.flyertalk.com/forum/argen...nos-aires.html
Jan 20, 2009, 1:29 pm
#68
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I would suggest you consider renting with Buenos Aires Habitat. As I understand it, they have a one week minumum rental... not one month.
Jan 26, 2009, 11:46 am
#69
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The Greenback hit AR$3.50 (offer) today... closing at the highest level in almost 6 years. The only time the Peso was at this level was around the 2002 meltdown, where it hovered over AR$4.00 for a few weeks.
Analysts are looking to see what the Argentine Central Bank will do this week (in terms of intervention)..... so lets wait and see.
Analysts are looking to see what the Argentine Central Bank will do this week (in terms of intervention)..... so lets wait and see.
Jan 26, 2009, 12:28 pm
#70
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This article below shows the risk of default of selected countries. Argentina tops the list.
http://seekingalpha.com/article/1162...tinues-to-rise
http://seekingalpha.com/article/1162...tinues-to-rise
Feb 20, 2009, 11:28 am
#71
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The Dolar is at AR$3.55 today... some analysts are talking about a controlled devaluation throughout the rest of this year, with the Dolar getting to A$3.90 - 4.00 by the end of this year.
Details in this story... (Spanish only):
http://www.lanacion.com.ar/nota.asp?nota_id=1101604
Details in this story... (Spanish only):
http://www.lanacion.com.ar/nota.asp?nota_id=1101604
Feb 20, 2009, 2:32 pm
#72
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The Dolar is at AR$3.55 today... some analysts are talking about a controlled devaluation throughout the rest of this year, with the Dolar getting to A$3.90 - 4.00 by the end of this year.
Details in this story... (Spanish only):
http://www.lanacion.com.ar/nota.asp?nota_id=1101604
Details in this story... (Spanish only):
http://www.lanacion.com.ar/nota.asp?nota_id=1101604
Feb 20, 2009, 5:17 pm
#73
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You should wait until you get there. If you are flying in, the Banco de la Nacion at EZE is going to give you pretty much the official rate (or as close as you will get, even from a no-fee ATM). AR$ aren't really something you find for sale in most parts of the world. Many might consider investing in GM or Chrysler more appealing.
Feb 20, 2009, 7:18 pm
#74
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You should wait until you get there. If you are flying in, the Banco de la Nacion at EZE is going to give you pretty much the official rate (or as close as you will get, even from a no-fee ATM). AR$ aren't really something you find for sale in most parts of the world. Many might consider investing in GM or Chrysler more appealing.
Feb 20, 2009, 8:33 pm
#75
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The Dolar is at AR$3.55 today... some analysts are talking about a controlled devaluation throughout the rest of this year, with the Dolar getting to A$3.90 - 4.00 by the end of this year.
Details in this story... (Spanish only):
http://www.lanacion.com.ar/nota.asp?nota_id=1101604
Details in this story... (Spanish only):
http://www.lanacion.com.ar/nota.asp?nota_id=1101604
http://www.lanacion.com.ar/nota.asp?nota_id=1100642
The (futures) market indicates an expected rate of 3.68 by the end of June, and 3.90 by years end.
John