I’m not an expert, but it’s a way to try to control the dollar value, if you go to the bank, you can buy just $200 to the official value in theory, but there’s a lot of restrictions, so not everybody can buy those $200, by example, if you receive any kind of help from the government you can’t buy that dollar. And, if you can buy that $200, you have to add 65% of taxes, so it’s not that value anyway. And fixed deposits gives you around 154% APY in pesos, so that’s another government measure to try to avoid you to buy dollars. And it’s more complex than this 😢

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Thanks for the explanations!

You’re welcome! 😊