The US dollar jumped half a cent to close at 8.675 pesos today in Buenos Aires City banks and foreign exchange offices, after ending a cent higher yesterday. It has advanced 10.5 cents since the beggining of the year.
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The Central Bank bought today 80 million dollars to contain the official rate’s increase.
The informal rate of the US currency, the so called «blue» dollar, fell seven cents to close at 13.31 pesos today, continuing its downward path, as yesterday it sank 21 cents.
The gap between the official dollar rate and the «blue» has tightened to 53.4 percent. In September 2014 it was set around 90%.
Meanwhile, the blue-chip swap rate advanced 33 cents to close at 12.31 pesos, and the stock exchange rate dropped 13 cents to 12.53 pesos.
Source: Buenos Aires Herald