The “blue” chip swap rate plunged another 31 cents to close at 13.46 pesos today, following a massive 50-cent drop yesterday.
Meanwhile, the “blue” dollar was up by 18 cents to 14.83 pesos, cutting a downward trend after falling another five cents yesterday and reaching its lowest level in three weeks, amid growing fear of tighter government controls in the illegal market.
The US dollar advanced one cent to close at 8.49 pesos in Buenos Aires City banks and foreign exchange offices.
The stock exchange rate was down a massive 47 cents at 13.28 pesos.
Source: Buenos Aires Herald