The US dollar closed half a cent up today, rising to 8.81 pesos in banks and foreign exchange offices.
The Central Bank was forced to sell 35 million dollars in foreign reserves in order to stem a sharper climb in the currency’s value.
On the parallel market, the blue informal dollar dropped 10 cents to close at 12.86 pesos, after climbing 8 cents yesterday to end at 12.96 pesos. The gap between the two rates closed to 46 percent.
buenosairesherald.com