The informal dollar rebounded towards the end of trading today, closing two cents up at 12.42 pesos, according to ambito.com surveys in the city.
The official dollar rate also climbed, closing one cent up at 8.87 pesos in banks and foreign exchange agencies amid stiff controls by the Central Bank on the monetary policy.
The gap between the two currencies stands at 40 percent, having broken that barrier earlier in the day with the blue’s fall-off. The blue-chip dollar, meanwhile, fell seven cents to 11.86 while the stock market rate jumped 25 cents to finish above the 12 peso mark, at $12.09.
Source: Buenos Aires Herald