The US dollar today closed half a cent higher at 9.215 pesos in banks and foreign exchange agencies one day after the Central Bank sold another 100 million dollars, keeping the official and “blue” exchange rates flat and taking reserves below the US$33.9 billion mark as citizens continued their dollar buying spree and fixed-term deposits continued to swell following an interest hike.
The rate in the parallel market, the so called “blue” dollar five cents higher today at 14.95 pesos after raising one cent yesterday, according to ámbito.com.
This way, the gap between the «blue» and the official rate stands at 62.6 percent.
In addition, the blue chip swap rate dropped six cents to 13.34 pesos and the stock exchange rate climbed nine cents at 13.28 pesos.
Central Bank Governor Alejandro Vanoli, repeated once again yesterday that there were no plans to devalue the peso and that there would be changes to the regulations for the sale and purchase of dollars.
Source: Buenos Aires Herald