Foreign exchange tension continues and the blue dollar closed at $ 272 on Tuesday.
News in development
Amid uncertainty and persistent foreign exchange tension despite the announcements of the Minister of Economy, Silvina Batakis, the blue dollar jumped 4 pesos this Tuesday and closed at $ 272, while country risk broke the 2,700 point barrier.
On the other hand, financial dollars traded lower: liquidity with liquidation used by the companies yielded 1.9% at $ 291.88, and the MEP (or equity dollar) stands at $ 279.07. .
13.07.2022
08:16
Martin Grossz
How cards abroad work now and how many dollars do they allow you to spend
Argentine cards can continue to be used abroad, but there are limits and fees due to the exchange rate. Photo: Bloomberg.
In winter and summer, every time the holidays approach, Argentines traveling abroad have doubts about the possibility of using the cards in the destination country and under what conditions.
In a hotel, restaurant or supermarket abroad, can you pay by swiping the plastic as if you were in Buenos Aires, or will there be rejection? Who can pay like this, with what limits and at what costs? And at an external ATM, is it possible to withdraw dollars or local currency without limits?
13.07.2022
08:12
Ana Chiara Pedotti
Country risk is already a record in the era of Alberto Fernández
Wall Street improves but Argentine bonds drop to 3.5%.
The truce that the informal dollar attempted on Monday appears to have come to an end. The blue dollar climbed four pesos again to $ 272 on Tuesday, and financial exchange rates deflated on what market participants have indicated as strong official intervention. Cash liquidity moved away from its highs and closed at $ 291.88 and the MEP dollar closed at $ 278.92.
In the wholesale segment, the Central Bank allowed the price to rise to 24 cents, so that the session ended at $ 127.59. “In the first two days of this week, the wholesale dollar rose by seventy-nine cents, compared to an increase of seventy-five cents in the same period the previous week,” commented Gustavo Quintana of PR Corredores de Cambios.
Source: Clarin
