‘Blue’ dollar breaches 13-pesos-mark; formal rate up at 8.705 pesos

The informal rate of the US currency, the «blue» dollar, continued its downward path today. It fell eight cents to 12.92 pesos after plummeting by 19 cents yesterday.

Meanwhile, the US dollar was up by half a cent at 8.705 pesos in Buenos Aires City banks and foreign exchange offices. It has advanced four and a half cents this month.

The gap between the two rates remains under 50%.

The blue-chip swap rate dropped ten cents to 12.13 pesos, while the stock exchange rate fell five cents to 12.26 pesos.
buenosairesherald.com