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July 24, 2014
Thursday, January 30, 2014

US dollar rises to 8.025 pesos, 'Blue' falls heavily

The US dollar today closed one cent and a half higher in banks and exchange offices to end with a selling price of 8.025 pesos.

Meanwhile, the parallel rate halted its ongoing rise and and was trading 30 cents lower at 12.60 pesos per dollar.

So far, exchange houses and banks have sold a total of US$41.4 million under the new dollars-for-savings scheme, according to the AFIP tax bureau, which has authorized a total of 230,388 transactions totalling US$ 113,265,825.

National reserves suffered a loss equal to 250 million dollars, descending to US$28.2 billion and hitting their lowest level since 2002.

The Central Bank has seen reserves fall by 793 million dollars in only four days, since the removal of some restrictions on public purchase of the currency.    


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Tags:  dollar  Argentina  currency  exchange  euro  blue  





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