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The 'blue' (a euphemism for 'black market') dollar went up another AR$S 20 Monday to close at AR$ 462 and somehow match inflation in other items of the country's economy, which it was lagging.
Argentine Economy Minister Sergio Massa seems unable to find a way out of the country's current crisis. In this scenario, the 'blue' dollar (a euphemism for 'black market') rose five more pesos Wednesday to close at AR$ 423 as the Central Bank (BCRA) ended with a negative balance of US$197 million, this bringing a streak of six positive rounds to an end. The country risk remained at 2,474 basis points, according to JP Morgan's index.
The “blue” (a euphemism for “black market”) dollar closed rose by AR$ 8 and closed at AR$ 408 Monday, reaching a new all-time high, it was reported in Buenos Aires. It had closed at AR$ 400 on Friday. The Argentine Central Bank bought US$ 73 million to add to its dwindled coffers.
Argentina's Minister of Economy, Sergio Massa, announced yesterday, Wednesday, a different exchange rate for the soybean
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.