The Dolar blue ended the last week with the sixth consecutive day up and reached $369, setting a new nominal record. The price, minute by minute, in the coverage of clarion.
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New record: At 94.8%, inflation in 2022 was the highest since 1991
2022 ended with the highest inflation in 31 years. The slowdown in recent months prevented it from exceeding the 100% barrier, but the final figure was close to that figure: with 94.8% it exceeded 83% in 1991, the year the Convertibility was launched.
The inception of the 1 to 1 and the reforms it brought with it took inflation from 1,343% in 1990 to 17.5% in 1992. Between 1993 and 1998, during the administration of Carlos Menem, the annual inflation would have been below single digits and between 1999 and 2001 – already with the Alliance in government and the recession through – there was deflation. Read more
With the blue dollar on the verge of $370, the central bank bought $200 million in one day
The Central Bank bought $200 million on the Single Free Foreign Exchange Market (MULC) on Friday. This is the largest deal since the beginning of the year.
According to market sources, this operation was possible thanks to the entry of foreign currency through credits for the construction of Chinese dams. With that, Central’s purchases this month reach $281 million. Read more
Blue finished the week at $369
The blue dollar did not stop its rally last Friday and climbed for the sixth day in a row: it climbed another $8 and reached $369, setting a new nominal high in the last round of the week. Thus, the gap with the official dollar is 95.7%.
Source: Clarin
