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The Argentine Central Bank foresees an official exchange rate of $ 160 / US $ 1 for the end of 2022. Argentina s Central Bank Friday announced the yearly inflation for 2021 was expected to reach 46%, while figures for the past month of March were around 3.9%. The official peso/US dollar exchange rate was foreseen at $ 115/ US$ 1 by the end of this year. The Central Bank s Market Expectations Survey (REM, in Sapnish) also anticipated 3.4% for April with “a downward trajectory” for the coming months, together with a yearly GDP 6.7% increase and a primary fiscal deficit of $ 1,636 billion pesos. REM analysts have adjusted their monthly projections for the exchange rate downwards. They also foresee it at S 160 / US $ 1 by the end of 2022.

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