Blue dollar, LIVE: how much does the price open and what is the price this July 25, minute by minute

“Peso is lava” and nobody wants to burn: what drives the parallel dollar rise

“The floor is lava” is a successful entertainment program produced by Netflix and has a very simple scheme: it involves a group of people crossing a room from one side to the other without touching the floor, precisely because the floor “is lava “.

It could be said that for the Argentines today “the weight is lava”. Whoever has it wants to get rid of it, because it burns in the hands.

Beyond the metaphor, the consequence is that in order not to burn themselves, Argentines, each according to their possibilities, get rid of pesos as soon as they have them in their possession. For a very simple reason. The longer it takes to spend them, the less purchasing power those pesos will have. Read more.

The government says they hope to calm the economy to make changes

The silence that reigns in the government does not help to chase away the rumors of new changes in the Council of Ministers. Sergio Massa’s silence, on which almost all eyes and expectations also rest. “It’s in silent mode. He doesn’t answer anything. He doesn’t count for anything. And no information is transmitted ”, underline some of the trusted collaborators of the President of the Deputies. The third stage of the Front of All was 5 hours on Friday at Casa Rosada, but was in charge of spreading that it did not cross with the President. Read more.

Financial tension: Batakis seeks a signal from the IMF and the Central rejects a split of the exchange rate

An incredulous smile from Silvina Batakis was enough to convey what her next steps will be to contain the endless currency crisis. In her team they have been consulting him in the last few hours if there would be any new announcements. This is what is being asked on the market and also by government officials outside the small negotiating table. Her grimace was enough to make it clear that there will be no changes now, at least for now. Read more.

Last week, the blue dollar rose 45 pesos and closed the climb at $ 338

In the busiest exchange week so far during the presidency of Alberto Fernández, the blue dollar rose to 45 pesos and closed Friday at $ 338. In the last round the correction was attenuated: in the morning it started with a leap that led the informal to touch 350 dollars but for lack of operations it fell back and rose by only one peso compared to the final price on Thursday, when it had finished at $ 337.

At this wheel the rise for financial dollars stopped: the MEP dollar, which is listed on the Buenos Aires stock exchange, lost 1.9%, to 315.3 dollars, while the one counted with liqui, the one used by companies, fell 1%, to $ 326.4. Read more.