The so called blue dollar rate, which trades in the illegal market, closed three cents higher this afternoon after opening eight cents down, according to ambito.com.
Amid increased controls by the Central Bank since last week on blue-chip swap trading, the blue-chip rate once more plummeted, losing 29 cents to close at 11.67 pesos.
The US dollar opened unchanged but was rising half a cent to 8.885 pesos in banks and foreign exchange offices. The Central Bank took advantage of higher grain sales to make a strong intervention in the market, purchasing 110 million dollars during the trading day.
Source: Buenos Aires Herald