After a six-session hike, the so called «blue» dollar dropped six cents to close at 13.02 pesos in underground foreign exchange houses, ámbito.com reported.
Earlier in the trading session it had fallen to 12.96 pesos.
The «blue» increased 24 cents during the week, amid renewed government controls.
Yesterday, greenbacks in the informal market broke the 13-peso mark for the first time in four months, as the Financial and Currency Entities Superintendence (SEFyC) sanctioned several foreign exchange houses and banks for more than 45 million pesos on accusations they have conducted illegal activities.
Controls continued today morning. Meanwhile, the US currency climbed half a cent to end at 9.07 pesos in Buenos Aires City banks and foreign exchange offices. This way, the gap between the official and the parallel rate stands at 43.5 percent.
The Central Bank (BCRA) bought 50 million dollars.
In addition, the blue chip swap rate fell six cents to 12.37 pesos and the stock exchange rate dropped two cents to 12.16 pesos.
Source: Buenos Aires Herald