While trying to avoid the central bank’s reserve hemorrhaging, the government is closely following the value of the Dolar bluewhich yesterday reached a new high reaching $360 during the day and finally settled at $359, the closing record for its nominal price.
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The blue dollar hit its all-time high and closed at $359
The US currency hit its all-time high on Wednesday trading at $360, but dropped $1 at the close to finish the day at $359.
Sharp adjustment in imports: in December they had an annual decline of 13%
In the last month of 2022 the tourniquet tightened even more on imports which would have amounted to only 5.380 million dollars, 13% less than in the same month of 2021. The curb on purchases from abroad is the recipe chosen by the government to cushion the outflow of foreign exchange. Although last year’s exports were record-breaking, dollars are still not enough to cover the multiple fronts of the local economy.
The official foreign trade record for December will be released on January 19. Based on previously known data on tax collection, IERAL calculates that imports for that month would reach $5.38 billion, down 13.4% year-on-year. Read more here.
Source: Clarin
