This means that despite a 61.5% drop from $69,000, investors in Argentina have still managed to accrue gains of 38% when measured in the local currency. Bitcoin price in pesos at Bitso exchange.

BUENOS AIRES, Argentina (CN) — Brazil and Argentina are laying the groundwork for a common currency to strengthen regional trade and lessen the dependency on the U.S. dollar. But the road to ...

Beijing has long attempted to convince countries around the world to reduce their dependence on the American greenback, in the hope that the yuan will eventually challenge the dollar as global ...

Argentina’s currency, the peso, is getting yet another face-lift. Last month, Peronist President Alberto Fernández announced a new “family” of paper bills, fulfilling a campaign promise ...

Argentina’s President Javier Milei secured a major victory this week, implementing on Monday a major loosening of the country’s restrictive regime of currency controls. The new monetary policy ...

The two biggest economies in South America are starting talks to create a common currency. Analysts are skeptical. Brazil’s President Luiz Inacio “Lula” da Silva and Argentina’s President ...

As such, a common currency could make sense despite the hurdles. Trade between the neighbors is soaring, jumping over 21% year-over-year to $26 billion in the first 11 months of 2021.