US EditionThe Official Dollar Went up $55 and Closed to $1380, a New Maximum
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13 Articles
The official dollar closed this Wednesday to $1380, registering a rise of $55 in a single day, a figure that ignited alarms in the government, in the middle of the key week for economic policy and with high electoral impact. The jump leaves the exchange rate very close to the upper margin agreed with the International Monetary Fund (IMF), within the framework of the current program. In parallel, the blue dollar also rose, although more moderatel…
It went up more than 10% in the last month.
The official dollar that was sold to the public at the Banco Nación registered an abrupt rise and climbed to $1,380, setting a new record and ranking above the blue dollar, which closed at $1,335. The official exchange rate shot leaves it on the edge of the upper limit of the established exchange rate band [...]
The presidential spokesman avoided giving explanations before the rise of the dollar and limited himself to an ambiguous phrase in networks that unleashed interpretations. He has not spoken to the press for a week.
For the economic and financial policy of the government, “we are going to see a phenomenon similar to that of April 1981, as of April 2018, as of February 1989 but of much lesser magnitude,” said the financier Carlos Maslatón, an hour after having started operations in the Exchange Market. Through social network X, the former advisor Javier Milei assured that “the dollar now touches to beat prices and that, in this way, also the monumental debts…
Julio ended with a marked acceleration in the official dollar price, which closed this Wednesday at $1,380 for the sale on the screens of Banco Nación, while the purchase was placed at $1,330. The daily jump was 4.15%, consolidating a monthly increase of 13,58%. The average retail exchange rate, calculated by the Central Bank (BCRA), was set at $1,367.32, reflecting the upward pressure that remained throughout the month. In the informal market, …
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