The black market dollar rose again today after 10 days of stability. Its selling price ended 37 cents higher at 8.80 pesos, while the official rate ended half a cent higher at AR$5.265 (selling price) in exchange houses, following a 2-cent hike during the week.
City analysts said that government agencies have been selling shares and bonds during the past business days in order to push down the price of the greenbacks used in international stock exchange transactions.
Source: Buenos Aires Herald