Latam Insights: Argentina Controls Dollar Exchange Rate, Brazilian Ponzi Operator Gets 128-Year Sentence – Bitcoin News

With the dollar still declining, all eyes will be on the evolution of the exchange rate and a flood of economic data that could move the market thermometer.

At the start of the second week with no exchange rate for individuals, the government believes the dollar will continue to go down and even reach the floor of the floating band, at $1,000. Meanwhile, in the parallel market the currency quoted this Sunday at $1,220 for the purchase and $1,250 for the sale. The exchange gap between the official and the informal - which quotes $25 above the value with which it opened the year (terminated 2024 at $1…

At the start of the second week with no exchange rate for individuals, the government believes the dollar will continue to go down and even reach the floor of the floating band, at $1,000. Meanwhile, in the parallel market the currency quoted this Sunday at $1,220 for the purchase and $1,250 for the sale. The exchange gap between the official and the informal - which quotes $25 above the value with which it opened the year (terminated 2024 at $1…

Milei has relied, in part, on long-standing strict exchange controls to contain chronic price increases; now, that must change

After the first week without exchange controls and with the implementation of a new floating band scheme, the price of the blue dollar is trading this Sunday, April 20, at $1,220 for purchase and $1,250 for sale. For its part, the exchange rate gap between the official and informal - which is trading $25 above the value with which it opened the year (it ended 2024 at $1,230) - now stands at 8.18%. Since the Government, after starting Phase 3 of …

LatAm Financial Shake-Up: Argentina’s Dollar Controls and Brazil’s Ponzi Scheme Crackdown

Argentina introduces a managed float of the peso amid IMF-backed reforms, while Brazil hands a Ponzi operator a 128-year sentence, signaling a strong regional push for financial accountability and recovery.Latin America is witnessing two significant financial developments that could reshape regional confidence in its economic systems. While Argentina embraces a controlled float of the peso in hopes of economic revival, Brazil has made headlines …