After the blue (a euphemism for black market ) dollar reached nearly AR$ 500 on Tuesday, Superminister Sergio Massa s measures in order to avoid speculative maneuvers resulted in a drop to AR$ 474, it was reported in Buenos Aires.
By Mordechai Taji – Argentina s authorities are losing grip of the economy as the “blue” (a euphemism for “black market”) dollar hit AR$ 497 Tuesday before recoiling to AR$ 487, then bouncing back to AR$ 490, down again to AR$ 487 and back up once more to AR$ 495 amid growing unrest.
Argentina s new version of the Export Increase Program (PIE) has resulted in US$ 1.824 billion worth of soybeans sold abroad, which nearly meets the government s target, it was reported Friday in Buenos Aires.
Argentine President Alberto Fernández was unable to deliver his speech on the opening day of the G20 Summit in Bali, Indonesia, after suffering from an episode of hypotension and dizziness due to gastritis.
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