Dollar climbs to AR$4.475; black market AR$5.72

The US dollar traded at AR$4.43/AR$4.475 today, thus climbing half cent from the previous price at the close of trading.

After the AFIP tax collection agency began a massive restriction on dollar purchases about two weeks ago, the US currency rate’s black market price moved up nine cents from last week and trades at AR$5.72.

Meanwhile, the Euro dropped two cents, trading at AR$5.66/AR$5.80 at City exchange agencies.