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Ann: Half Yearly Report and Accounts, page-21

  1. 4,066 Posts.
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    I am no tax expert and also no expert in Argentinian tax law. I know in the past high inflation in Argentina has coincided with a devaluation of the local currency against the USD. A certain share of the costs for Olaroz and Sal de Vida are in the local currency and some are in USD or Australian dollars, while the product is sold for USD I guess. Over a longer period of time devaluation of the Argentinian peso against USD and inflation in Argentina cancel each other out. My hope is that inflation will come down eventually. Heck I don't even understand why it is so high right now. There is no war or natural catastrophy there.
    Last edited by Stephan90: 24/02/23
 
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