By the end of the week, the blue dollar was up another peso and closed its price at $386, setting a new high. So far this year, it’s already gone up $39. Banco Nación did not move its official price on Friday, which closed at $192.25 for selling and $184.25 for buying.
New in development
Inflation: January closes near 6% and rising meat puts pressure on February
On Tuesday 14 February, INDEC will announce January inflation which, according to consultants, will rise from 5.5 to 6%. This level shows an acceleration compared to the previous month and has already begun to worry the Government, which hastened negotiations with companies to curb the rises by betting on price agreements.
ADVERTISING As if that weren’t enough, another “fuel” element was added in February for the price fire: the increase in meat, a very important item in the Food and Beverage category which explains 23% of the Price Index to Consumption (CPI). Read more.
The blue dollar closed last week at $386
The blue dollar moved up another peso on Friday and closed its price at $386, setting a new high. So far this year, it’s already gone up $39.
Banco Nación did not move the price of the official dollar at all on Friday, which closed at $192.25 selling and $184.25 buying, unchanged from the previous close.
Charles Arterburn is a seasoned business journalist for News Rebeat, where he provides comprehensive coverage of the latest trends and developments in the world of finance and economics.