VOICED : Argentina facilita a turistas venta de divisas en medio de corrida cambiaria

VOICED : Argentina facilita a turistas venta de divisas en medio de corrida cambiaria

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

Argentina has introduced a new policy allowing tourists to exchange up to $5,000 at authorized entities using the MEP dollar rate, which is more favorable than the official rate. This move aims to attract foreign currency into the Central Bank's reserves, rather than losing it to the informal market. The MEP dollar is linked to bond transactions in Buenos Aires, while the informal market rate is higher due to economic instability following the resignation of the former Economy Minister.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum amount of dollars tourists can sell in authorized entities in Argentina?

$1,000

$10,000

$3,000

$5,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which rate is used for tourists to exchange their currency in Argentina?

OBLU Rate

MEP Dollar Rate

Official Dollar Rate

Market Average Rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the MEP dollar rate on Thursday?

239 pesos

136.33 pesos

325 pesos

338 pesos

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might tourists prefer the MEP dollar rate over the official rate?

It is fixed and stable

It is the only legal rate

It is closer to the black market rate

It is lower than the official rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of Argentina's new measure regarding tourist currency exchange?

To stabilize the black market

To boost Central Bank reserves

To lower the official dollar rate

To increase tourism