How much did GUD pay for GBT Argentina's Operation.Now is is worth 10% of what GUD originaly paid.
Argentina faces mounting pressure to devalue its currency again as its government struggles to avoid economic collapse ahead of elections in October, following the shock presidential primary victory of a radical rightwing candidate. The black-market dollar, which is a staple of Argentine life, has jumped to almost double the new official exchange rate after an 18 per cent devaluation of the peso following the primary win by outsider candidate Javier Milei. At the current black market rate of about 705 pesos a dollar, the largest denomination peso banknote in circulation is worth less than $3, forcing Argentines to carry around large wads of notes. The official exchange rate stands at 361 pesos to the dollar.