In the midst of days of strong exchange rate tension and trying to increase the reserves of the Central Bank, the Government is closely following the rise of the blue dollar, which this Tuesday it jumped $10 to $356, its highest price since the end of convertibility.
New in development
The leap of the blue dollar threatens to reactivate the increase in inflation
So far in December, the blue dollar is up 43 pesos, a third of the jump it has made throughout the year. The informal bill of $356 adds further seasoning to inflation, which last month at 4.9% marked its lowest level since last February.
Economists point out that if the jump in the blue were to be sustained, it could impact prices and send the index to a rebound, becoming the benchmark price for imported products amid stocks. Read more here.
Blue was up $10 in one day and hit a new high
In the midst of renewed exchange rate tension, the blue dollar has leapt again. The US Note added $10 on the way and closed this Tuesday at $356, its highest face value in 2022. Since the middle of the month, the currency has warmed up but there has been a spike in recent rounds of demand, in a place where dollars are scarce.
In the midst of renewed FX tension, the blue dollar was once again making another four-wheel hop at the end of the year. The US Note added $10 on the way and finished at $356, its highest face value in 2022. Since the middle of the month, the currency has warmed up but there has been a spike in demand in recent rounds, in a place where dollars are scarce. Read more here.
Source: Clarin