the blue dollar closed this Tuesday at $392, in one day with very slight fluctuations in its price. Meanwhile, the official ended the day at $217.50 for the sale.
New in development
Companies importing from China try to activate the central bank’s yuan window
The Central Bank is considering activating the counter through which it receives pesos from a local importer and in exchange releases yuan so that this importer pays for inputs arriving from China. The data on the daily amount of operations is not known, but the yuan is discounted by the currency swap signed by the central banks of both countries.
The swap reaches the equivalent of 20,000 million dollars (one dollar today equals 6.88 yuan) and the tranche authorized by China to apply it to the payment of imports from Argentina is 5,000 million dollars. Using that part of the swap, the Central Bank of China charges it as a debt receivable. And it applies a Shibor interest rate (today at 2.6% per annum) plus a spread that would be around 6.5 points. To know more.
The blue dollar closed at $392 on Tuesday
After a one peso rally earlier in the day, the parallel price is back to $392 for sale, the same level as on Monday. For the purchase, meanwhile, it was placed at $388.
Source: Clarin
