The blue dollar fell three pesos on Monday and thus started a week and month with a downward trend. In this way, the American currency $392 on sale and $389 to purchase.
New in development
The soy dollar will start later and will be valid for 45 days
The recovery of the soybean dollar will have to wait after Easter. The government will only launch it at the end of next week for a 45-day period until the end of May. Thus the new exchange rate regime with a value that could approach $300 will be worth longer than the previous two versions, in a new attempt to add foreign currency in the face of accelerated reserve draining and the impact of drought.
Sergio Massa will announce the provision this Wednesday in view of the long weekend. The economy minister returned from Washington on Saturday, where he managed to loosen reserve accumulation targets and obtained IMF endorsement of a one-dollar reissue for campaigns to avoid a sudden devaluation or redeployment of the exchange rate. There, he advanced a dollar of soybeans for 30 days from this Monday and another one for regional economies for 90 days. To know more.
The blue dollar closed at $392
While the Central Bank, the central bank, closed the first round of April with a turnover of 259 million dollars, the US currency in the parallel market fell by three pesos this Monday and thus begins a week and month with a trend towards discount.
Source: Clarin