He The blue dollar closed up four pesos on Thursday at $383 on sale, the day in which the Central Bank decided to tighten monetary policy to try to contribute to the cooling of prices and raised the reference rate to 78% per annum.
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The dollar in cash exceeded $400, and the Central Bank sold another $96 million
It was not a good week for Argentine assets, pressured by worsening local financial indicators and global turmoil following the collapse of a regional bank in the US and its fall in Europe, with the Credit Suisse crisis.
This Thursday, in a market that moved with an eye on the Central Bank board meeting and its rate decision, bonds reversed their fall with hikes reaching 5%- The blue dollar was up $4 a $383, a mark it hasn’t seen since late January, when it hit $386. Financial exchange rates, meanwhile, have advanced another notch: settled cash, the way companies use to become dollars, climbed 0.9% and closed above $400, which represents a new nominal high for free trade. To know more.
The blue dollar closed on Thursday at $383
After an increase of 4 pesos at the beginning of the day, compared to Wednesday, the parallel dollar closed this Thursday at $383.
Meanwhile, after a slight increase of $0.50 during the day, the official dollar closed on Thursday with a price of $209.50 for sale and $201.50 for purchase on the Banco Nación chalkboard
Source: Clarin
