Argentina’s Wholesale Peso Breaks 1,500 for the First Time

Argentina · CURRENCY Key Facts —The record: The wholesale peso closed Monday 24 August at 1,507 to the dollar, the first time it has traded through 1,500. —The move: Up 11 pesos on the day, the largest single-session rise since 3 June. —Retail: Banco Nación 1,475 buy and 1,525 sell. —The parallel rates: Blue 1,540…