Analysis · Money & Travel, 2 August 2026

Key Facts

—Argentina — Milei lifted most of the cepo on 14 April 2025, and the official-versus-parallel gap has since collapsed to under about 4%.

—Cards now work — With the gap gone, Argentine card payments settle near the real rate, so the old ‘cash only, never card’ advice is obsolete.

—Bolivia — Bolivia ended its long-standing peg near 6.96 BOB per US$ and floated the boliviano in late June 2026, now roughly 11-12 BOB per US$.