The USDARS exchange rate experienced a slight decrease of 0.2986 or 0.03% on Thursday, Stember 26, settling at 968.2024, down from 968.5010 in the previous trading session. Historically, the USDARS has encountered significant fluctuations, peaking at an all-time high of 14850 in Stember 2020.
Looking ahead, forecasts indicate that the Argentine Peso is anticipated to trade at 990.21 by the end of this quarter, based on insights from global macro models and analysts' expectations. Projections suggest that the exchange rate could further decline to 1116.73 over the next twelve months.