October 31, 2014
US dollar unchanged at 8.18 pesos; ‘blue’ dollar up to 12.60
The US dollar closed unchanged today in Buenos Aires City banks and foreign exchange offices at 8.18 pesos, while the so called "blue" dollar went up 15 cents to close at 12.60.
Yesterday, the "blue" moved up 18 cents after US Federal Judge Thomas Griesa decided to reject Argentina’s request for a stay, on the ruling that orders the government to pay u$s 1,3 billions to holdout bondholders by the end of the month.
Meanwhile, the Central Bank continued to purchase dollars today. Yesterday its reserves went up by u$s 5 millions, totalling u$s 29,693 millions.The blue-chip swap in turn fell back to 9.89 pesos, and the stock exchange rate also went down to 11.11 pesos.