The blue-chip swap rate continued its downward path today, sinking 50 cents to 12.97 pesos. It broke the 13 pesos mark and hit its lowest level since September 5.
The stock exchange rate was also falling, trading 19 cents lower at 13.20 pesos.
The so called “blue” dollar, on the contrary, reversed earlier losses and climbed six cents to 14.75 pesos today, after falling a cent yesterday, amid growing fear of tighter government controls in underground exchange houses.
Meanwhile, the official rate of the US currency was unchanged at 8.50 pesos in Buenos Aires City banks and exchange offices.
buenosairesherald.com