The Central Bank also increased the interest rate by 21 percentage points

The informal dollar has jumped 21.6% in the last 30 days. Analysts say it is a reflection of the market’s uncertainty regarding the economy

The government raided informal dollar exchange houses known as ‘cuevas’

The official figure will be announced next Tuesday, following the primary elections

The informal exchange rate rose by ARS$22 over the course of Monday

The country will receive an equivalent of US$755 million it will use to meet its interest payment deadline

The decision was made to stop an arbitrage maneuver that further deepened the international reserve scarcity

Unyielding stress continues on the peso despite Central Bank positive balance

They also contend that it is impossible for Argentina to meet the lowered reserves target