Tag: Argentine pesos

• Wednesday, May 16th 2012 - 03:17 UTC

  US dollar in Argentina’s ‘blue’ (parallel) market soars 5% on Tuesday

  

  The US dollar in Argentina’s parallel market soared on Tuesday as strong unsatisfied demand moved to the so called ‘blue’ market as a result of the increasing controls for the purchase of the greenback.

• Thursday, November 17th 2011 - 07:04 UTC

  Top banker forecasts ‘dollar run’ in Argentina will dissolve: plenty of reserves

  

  The former head of the Argentine Central Bank, Mario Blejer assured on Wednesday that in the exchange market “tension has been created which will only start to dissolve as and when we minimize the analysis of the subject.”

• Wednesday, November 16th 2011 - 00:34 UTC

  Argentina tells Uruguay it will not accept surplus Pesos from the summer season

  

  Argentina will not take back the millions of Pesos that thousands of tourists spend in neighbouring Uruguay during the summer season. That was the reply to a request from Uruguay’s largest bank branch in the City of Buenos Aires, according to banking sources in Montevideo.