After days with an upward trend, the blue dollar closed this Wednesday four pesos up to $393while the official ended up at $215 on sale.
New in development
The government has advanced taxes on imports and added another cash to raise $1 billion
Overwhelmed by the lack of reserves and the collapse of funding in a context of slowdown in activity, the Government entered another box this Wednesday with a provision that suspends benefits for importers and establishes a sort of advance withholding tax for raise $1 billion, the equivalent of half a month’s worth of money.
The official move immediately set off alarms in the foreign trade and business sectors, where they described it as an exchequer’s advance “harvesting” in the midst of a drought, a tightening of inventories in the face of foreign currency shortages and a barrel of gasoline on inflation already exceeding 100% year-over-year. To know more.
The blue dollar closed at $393 on Wednesday
The US currency in the parallel market fell by four pesos on Wednesday. In the last wheel it had jumped seven pesos to $397.
The official closed the sale at $215, as published by Banco Nación, 50 cents higher than the previous day.
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.