The wholesale rate closed Monday at 1,507, a nominal record. What it means if you earn dollars and spend pesos in Buenos Aires.

The wholesale rate closed Monday at 1,507, a nominal record. What it means if you earn dollars and spend pesos in Buenos Aires.

Your LatAm expat nomad daily guide for Tuesday, August 25: the wholesale peso breaks 1,500, Aeroparque shuts for 55 hours, Jackson Hole opens Friday.

Argentina's Merval rose 0.8% to 3,009,029 on August 25, a third straight gain, while the wholesale peso edged to 1,512 per dollar. Banks led gains.