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Argentina Peso is now .037 usd to per Peso. Invest?


JayT
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Central Bank of Argentina makes a move to stop its currency fall. AR Peso is now .037 usd to per Peso. Will the Peso return to it former glory and if it does investing in it could make you some money. It has a history of being closer 1 to 1. With the world economy moving forward I expect it to go back up. Tell me what you think. 

 

 

 

Video: Time to invest in the Argentina Peso?

https://youtu.be/VUgvL5S7WrQ 

 

Articles: 

 

https://money.usnews.com/investing/articles/2017-05-24/currency-investing-for-small-investors

https://www.reuters.com/article/emerging-markets-latam/emerging-markets-argentina-peso-firms-on-central-bank-moves-latam-stocks-fall-idUSL1N1TK1OG

http://www.xinhuanet.com/english/2018-06/19/c_137264676.htm

https://en.wikipedia.org/wiki/Historical_exchange_rates_of_Argentine_currency

https://tradingeconomics.com/argentina/currency
 

ag peso chart.png

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50B dollars loan

 

Economy failings  were caused by  corrupt Gov'ts etc....Powers That Be sold the Country's industry to foreigners ..Even the good companies......

 

Of course part (not all) of the problem lies in the Fascist Dictatorship strangling the Country for more than a decade

 

 

https://www.focus-economics.com/countries/argentina

 

https://en.wikipedia.org/wiki/Economy_of_Argentina

 

https://www.heritage.org/index/country/argentina

 

https://www.nytimes.com/2018/05/04/business/economy/argentina-economy-interest-rates.html

 

https://en.wikipedia.org/wiki/Dirty_War

 

https://www.whatargentina.com/argentina-military-dictatorship.html

Edited by umbertino
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