Thursday, June 7, 2012
Official dollar climbs to AR$4.505; 'blue' ranges AR$5.60/80
The official dollar price trades at AR$4.46/AR$4.505, thus climbing half cent compared to yesterday's closing price.
Meanwhile the black market price, which had no fixed rate throughout the entire week, follows same trend today as it ranges between AR$5.10/5.40 and 5.60/5.80 pesos at the so called "illegal exchange caves."
Furthermore, "caves" are not selling less than 5,000 dollars, while they are mostly buying in an attempt to stock greenback as they speculate with a near re-boost of the US currency.
Likewise, the euro rose four cents, trading at AR$5.72/AR$5.57.




















