VOICED : Uncertain times for Argentina's economy

The transcript discusses the recent drop in the Argentine peso to a record low against the U.S. dollar, highlighting the disparity between official and black market rates. It covers the government's response, including lifting the ban on dollar purchases, and the subsequent stabilization of the market. The economic crisis is compared to past events, with concerns about inflation and its impact on businesses. Despite some control measures, the future of Argentina's economy remains uncertain, with the dollar being a safe haven currency.

What was the illegal exchange rate of the blue dollar at its peak?

• 11.70 pesos

• 9 pesos

• 8.01 pesos

• 13 pesos

What historical event does the recent peso plunge remind analysts of?

• The 2010 European debt crisis

• The 2008 financial crisis

• The 2001 Argentine crisis

• The 1997 Asian financial crisis

What is the estimated inflation rate in Argentina according to private reports?

• 28%

• 50%

• 5%

• 14%

According to the government, what is the current exchange rate that is considered beneficial?

• 11.70 pesos

• 9 pesos

• 13 pesos

• 8.01 pesos

What currency is considered a safe haven in Argentina amidst economic uncertainty?

• U.S. dollar

• Argentine peso

• British pound

• Euro