The US dollar closed half a cent higher at 9.035 pesos today in banks and foreign exchange agencies amid the general strike staged by dissident unions.
Even though foreign exchange agencies opened for public, only 50 percent of employees attended work due to the walk out. Demand was also significantly lower.
Meanwhile, the «blue» parallel dollar rate remained steady at 12.62 pesos, after ending higher yesterday. This way , the gap bewteen the «blue» and the official rate stands at 39.7%.
In addition, the blue chip swap rate jumped 11 cents at 11.75 pesos and the stock exchange rate traded steady at 11.54 pesos.
Banks informed that, because of the transport strike, checks will be cleared in 72 hours. The Central Bank (BCRA) bought 50 million dollars.
Source: Buenos Aires Herald