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MercoPress, en Español

Montevideo, December 22nd 2024 - 10:19 UTC

Tag: Bertie Benegas Lynch

  • Wednesday, May 22nd 2024 - 19:45 UTC

    Milei gets ready for rock concert as “blue” dollar gets back on a surging path

    There is a 41% gap between the official and the black market quotations of the US dollar

    The “blue” version (a euphemism for “black market”) of the US dollar against the Argentine peso was still going up Wednesday as President Javier Milei was planning to make his first appearance as the leader of a rock band at Buenos Aires' iconic Luna Park stadium. According to local media, one US dollar was quoted at AR$ 1,235 / 1,255 (buy sell at Buenos Aires' “caves” (unofficial money exchange parlors), which represented an AR$ 25 increase from the previous day for a 41% gap with the official rate.