The Blue dollar hit $527
In La Plata, Five heavily armed men with machine guns and bullet proof vests raided a branch of Banco Provincia, held customers and employees hostage while they bagged the loot and then made off in two stolen cars, one of which was set on fire a few blocks away. They were also monitoring the police radio communications channel, so were one step ahead. No one was injured.
It's confirmed that the Central Bank printed around AR$150bn in pesos on 13th July to fund the treasury.
The country's debt is more than US$800bn...
A family of four today needs around AR$232,000 per month to not fall into the poverty zone.
