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
Dollar & Peso
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
Dollar & PesoEconomics
Consulting firms: IMF disbursement will help Central Bank manage currency market
They also contend that it is impossible for Argentina to meet the lowered reserves target
Economy minister announced how Argentina would make its July payments in a short broadcast