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Argentina Peso Conversion Update

September 22nd, 2008 Posted in business, lifestyle

Written by Jamie

As we have posted before,  watching what’s going on back in the States these days from a far has been intriguing to say the least. I suspect other people living outside their native country can relate.

This latest financial crisis, which appears to be getting more serious by the day, is really captivating. One interesting observation is the dollar has been gaining strength against the Argentine peso as of late.

Below is a 1 year chart, courtesy of Yahoo! The dip from late May into August appears to have something to do with the since resolved (hopefully for good) farm strike.

The Argentine peso is back up to over 3.10 to the US Dollar.

 

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