Yet another jump for the dollar today, this time to 152-158.
It jumped to 74 about after the PASO (10/28/2019) and now, one year later, the pesos is worth half than one year ago. The government seem not to be too concerned about the freefalling pesos and is yet again using the same old formula (hint: it never worked) of the cepo and restrictions to access to USD.
Rumors has it someone is already buying pesos 200 to the dollar. Sooner or later, we'll get there, eventually. But when?
My guess is March 2021.