The US dollar closed unchanged today at 8.935 pesos in Buenos Aires City banks and foreign exchange offices.
The Central Bank (BCRA) bought 90 million dollars. Yesterday, the BCRA sold off US$40 million in a bid to balance the foreign exchange market amid a slowing down in the agricultural sector, as a result of a general strike launched by oil workers that failed to reach a salary agreement.
Meanwhile, the so called “blue” dollar dropped one cent and closed at $12.59 pesos amid higher dollar offer and a lower demand, as the AFIP tax bureau has been increasingly authorizing «dollar for savings» quotas.
In addition, the blue chip swap rate climbed two cents to close at 11.92 pesos and the stock exchange rate plunged 13 cents to 11.71 pesos.
Source: Buenos Aires Herald