‘Blue’ dollar skyrockets, hits new record at 15.95 pesos

The informal rate continued its path of sharp climbs today and hit a new record, jumping 53 cents to close at 15.95 pesos, pushed by speculation and early hikes in the stock exchange rate.
As it did all week, the stock exchange rate boosted the so called “blue” dollar climb with a 22-cent hike, as investors sought to gain dollars by purchasing bonds and shares. But around noon, official operations pushed the stock exchange rate down two cents and made it close at 14.47 pesos.
Meanwhile, the blue-chip swap rate closed steady at 14.49 pesos.
The US dollar closed without changes at 8.44 pesos in Buenos Aires City banks and foreign exchange offices, after falling back a cent yesterday. The gap between the official rate and the «blue» is now at 89 percent.
The Central Bank yesterday sold u$s 20 millions, with its reserves slightly going up by u$s 3 millions, totalling u$s 28,216 millions.
buenosairesherald.com