The “blue” dollar continued its climb today and was trading 54 cents higher at 15.09 pesos in underground houses, amid growing speculation by traders in the informal market, and hitting a new record high so far this year.
The last time the parallel dollar had reached that rate was in October, 2014.
The gap between the official rate and the parallel price was already over 60 percent.
Yesterday the “blue” dollar jumped 33 cents amid an increasing demand of greenbacks due to the beginning of the winter holidays.
In only one month, it rose 1.50 pesos or 11.5 percent, from 13.05 pesos it had reached on June 22.
Meanwhile, the official dollar rate closed higher at 9.17 pesos in banks and foreign exchange agencies.
Source: Buenos Aires Herald