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The Argentinian Peso (ARS) has experienced a long-term decline against the US Dollar (USD). Since the 1990s, the USD/ARS exchange rate has soared nearly 9000%, reflecting the peso's enduring weakness. As of 13 August 2024, the ARS continues to fall, with the exchange rate further deteriorating. This endless fall of the Argentinian peso highlights the country's economic challenges and the persistent demand for USD as a stable currency alternative.

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