The so called “blue” dollar steadied at 13.60 pesos, one cent higher than yesterday’s closing price, after rising four cents earlier, ámbito.com reported, amid increasing government controls on the parallel foreign exchange market.
Yesterday, the parallel dollar rate jumped 16 cents, a record high in two weeks.
The rise of the blue dollar rate, which led the gap with the official rate to 49.4 percent, comes one day after a new intelligence “doctrine” was unveiled by the government establishing the Federal Intelligence Agency (AFI) will work to prevent “market strikes” from banks and companies and prompting fears of further controls on buyers of foreign currency.
Meanwhile, the official dollar rate closed half a cent up at 9.13 pesos in banks and agencies. The Central Bank was active in the markets, purchasing a total of 50 million dollars to steady the official valuation.
Source: Buenos Aires Herald