* Argentina’s government led by President Alberto Fernández has introduced changes to three of its exchange rates: the so-called ‘Qatar dollar’, ‘Solidarity dollar’, and ‘Card dollar’, which all relate to purchases made abroad or in foreign currency. The changes were made via a resolution published by the tax authority (Afip) in the official bulletin which ordered the unification of the three exchange rates. This means that the three dollars will now be more expensive and will have an exchange rate equivalent to Ar$731/US$1, according to national daily La Nación. This comes as Argentina’s peso is in freefall in the midst of electoral uncertainty. On 10 October Argentina’s black market, or ‘blue’ dollar, passed the psychological barrier of Ar$1,000/US$1, closing the day at Ar$1,010/US$1 – 177% higher than the official exchange rate of Ar$365/US$1.
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