October 25, 2014
US dollar steady at 8.29 pesos, 'blue' at $13.20
The US dollar closed unchanged at 8.29 pesos in Buenos Aires City banks and foreign exchange office. The Central Bank has marked its lowest peak in currency purchasing acquiring only u$s10 million yesterday though international reserves remained steady at u$s28.9 billion.
Meanwhile, the so called “blue” dollar traded at the same price as Thursday when it hit a new record high of 13.20 pesos with traders saying buyers were still seeking greenbacks as a response to the Central Bank’s push for lower interest rates over the past week and speculation maneuvers.