Following yesterday’s news about the cabinet shake-up, the US dollar jumped 4 cents to 6 pesos for buyers and 6.045 for sellers.
According to market experts consulted by the ámbito.com news website, uncertainty about the economic agenda that newly designated Juan Carlos Fábrega and Axel Kicillof will carry out dominates traders, thus reducing operations considerably.
Similar trends in the informal market saw the US currency hit 9.90 pesos (buying price) and 9.95 pesos (selling price) earlier in the day, before prices stabilised at 9.87 and 9.92.
Source: Buenos Aires Herald