Tag: blue dollar

• Wednesday, July 27th 2022 - 09:40 UTC

  Argentine Central Bank creates “agrodollar” to boost export liquidations

  

  Argentina's monetary authorities Tuesday announced the creation of the “agrodollar,” a special exchange rate for agrifood exporters to liquidate their revenues through formal channels at an exchange rate closer to the parallel (“blue”) quotation.

• Friday, July 22nd 2022 - 07:59 UTC

  Argentina creates differential exchange rate for foreign travelers

  

  Argentina's monetary authorities Thursday launched an initiative whereby foreign tourists may sell up to US$ 5,000 through official banking channels at a rate as close as possible to the so-called “blue” dollar.

• Thursday, July 14th 2022 - 09:30 UTC

  Argentina reshapes taxation to make up for gap between official and “blue” dollar

  

  The Government of Argentina has adjusted the so-called PAIS tax from 35% to 45% as of Thursday to equate the exchange rate between the local currency and the US dollar to that existing in the unofficial “blue” market.

• Thursday, December 30th 2021 - 09:58 UTC

  Argentine peso drops yet again versus informal US dollar

  

  The unofficial exchange rate between the Argentine peso and the US dollar climbed just one more notch Wednesday, thus reaching an unprecedented high of AR $ 205 (buy) and AR $ 209 (sale) / US $ 1.

• Friday, October 22nd 2021 - 23:55 UTC

  Unofficial exchange rate shows Argentina's de facto devaluation

  

  The unofficial exchange rate (commonly referred to as “blue”) of the Argentine peso against the US dollar Friday hit an all-time high, reaching a US $ 1 = AR $ 195 parity thus matching an all-time-high of exactly one year ago (Oct.23, 2020), it was reported.

• Tuesday, October 27th 2015 - 07:04 UTC

  Argentina's markets trade higher the 'day after' Sunday's elections

  

  Argentina's financial markets traded higher on Monday after opposition and pro market candidate Mauricio Macri's surprisingly strong showing in presidential elections forced as second vote on 22 November.

• Tuesday, October 20th 2015 - 06:05 UTC

  Dollar reaches new record in Argentina, as Sunday's Election Day approaches

  

  The US dollar in Argentina ended trading on Monday at 9.51 Pesos in banks and foreign exchange agencies while the parallel exchange rate or 'blue' continued to grow and ended 17 cents higher at 16.11 Pesos in underground houses, hitting a new record high.

• Wednesday, September 23rd 2015 - 07:05 UTC

  Brazil's currency falls to its weakest level against the US dollar, 4.06 Reais

  

  Brazil's currency fell to its weakest level ever as investors cast a wary eye on negotiations over spending bills that could further complicate the country's tenuous fiscal position. The currency, like others across Latin America, was also hammered by a global rise in the dollar sparked by increased expectations that the US Federal Reserve is still on track to raise interest rates this year.

• Saturday, August 15th 2015 - 08:14 UTC

  US dollar in Argentina reaches its highest mark so far this year: 15.10 Pesos

  

  Argentina's foreign exchange market was quite active on Friday and the so called 'blue' or 'parallel' dollar hit the highest mark in the year at 15.10 Pesos. Meanwhile the official US dollar ended half a cent higher at 9.255 Pesos in banks and foreign exchange agencies.

• Wednesday, July 22nd 2015 - 06:37 UTC

  Dollar in Argentina breaks 15-Peso threshold; pro-business candidate poor showing scares markets

  

  The US dollar kept climbing in Argentina and ended trading on Tuesday above the 15 Pesos threshold after having advanced 30 cents on Monday and 54 cents today. Sunday's electoral result in the City of Buenos Aires where the pro-business PRO party just managed to scrape by with victory, has triggered growing nervousness and speculation among savers and traders.