The “blue” dollar rose today by five cents to close at 12.25 pesos in the parallel market, boosted by winter vacations purchases. The US dollar continued to chart a steady path in Buenos Aires City banks and foreign exchange offices, trading at 8.17 pesos.
Yesterday, the Central Bank bought u$s40 million, raising its reserves by 6 millions, to u$s29.6 billion.
The blue-chip swap rate, meanwhile, fell to 10.08 pesos, while the stock exchange rate descended to close at 11.02 pesos.
Source: Buenos AIres Herald