The US dollar was trading a cent higher today at 5.395 pesos (buying price) and 5.455 (selling price) at banks and exchange offices.
The «blue» dollar rate which operates in the informal market remains virtually paralyzed on fears of government controls. The green currency dropped to 8.60 pesos for its selling price.
Meanwhile, the Merval benchmark stock index drops to 3.319,03 points. Shares fall sharply with YPF leading the decline after a three-day positive earning of 7.7 percent.
Source: Buenos Aires Herald