Tag: blue dollar

• Tuesday, October 10th 2023 - 10:50 UTC

  Argentina: “Blue” dollar hits AR$ 945 for hew all-time high

  

  The “blue” (a euphemism for “black market”) dollar traded at AR$ 945 on Monday, thus reaching a new all-time high, it was reported in Buenos Aires as the Oct. 22 presidential elections loom over.

• Saturday, October 7th 2023 - 07:49 UTC

  Argentina: Unstoppable “blue” dollar nears AR$ 900

  

  The so-called “blue” (a euphemism for “black market”) dollar traded at AR$ 885 on Friday for a total increase of AR$539 so far this year and AR$ 42 overnight, it was reported in Buenos Aires. At some point Friday, it hit the psychological AR$ 900 landmark.

• Friday, October 6th 2023 - 10:36 UTC

  The sky is the limit for the “blue” dollar in Argentina

  

  As underground exchange parlors were raided Thursday, the “blue” (a euphemism for “black market”) dollar soared against the Argentine peso, it was reported in Buenos Aires.

• Thursday, October 5th 2023 - 09:20 UTC

  Blue dollar knows no ceiling in Argentina

  

  The “blue” (a euphemism for “black market”) US dollar closed at AR$ 843 Wednesday after touching AR$ 850 at some point during the day, it was reported in Buenos Aires. The new quotation at the end of the day was AR$ 36 higher than Tuesday's and meant an AR$ 497 increase so far in 2023 after reaching AR$ 346 at the end of 2022. Hence, the new gap with the official exchange rate stood at 141.4%.

• Wednesday, October 4th 2023 - 09:55 UTC

  Argentina: “Blue” dollar hits new all-time high

  

  The “blue” (a euphemism for “black market”) dollar rose AR$ 10 Tuesday and sold for AR$ 810, thus setting a new record, it was reported from Buenos Aires.

• Friday, September 29th 2023 - 08:50 UTC

  Argentina: “Blue” dollar back on the rise

  

  The so-called “blue” (a euphemism for “black market”) US dollar climbed sharply against the Argentine peso on Thursday, reaching a rate of US$ 1 = AR$ 790, it was reported in Buenos Aires. This was the highest rate since August 16, when it reached AR$ 795, and represented an increase of AR$ 43 in three days and AR$ 15 in just one day.

• Thursday, August 17th 2023 - 11:46 UTC

  “Blue” dollar rises AR$ 50 in one day

  

  The “blue” (a euphemism for “black market”) dollar reached a new all-time-high Wednesday in Argentina and closed at AR$ 780 after hitting AR$ 800 at some point during the day, it was reported in Buenos Aires. On Tuesday it traded at AR$ 730 after Monday's 22% devaluation which drove it from AR$ 600 on Friday. It traded at AR$346 at the end of 2022.

• Tuesday, August 15th 2023 - 10:20 UTC

  Argentine gov't orders 22% devaluation of the peso

  

  The Government of Argentina Monday ordered a 22% devaluation of the national currency which stood at AR$ 365 / US$ 1 on the official market. Financial authorities also raised the interest rate from 97% to 118% annually, it was reported in Buenos Aires. Thus, the monthly rate will be 9.83% and the effective annual rate will be 209%.

• Saturday, August 12th 2023 - 10:58 UTC

  Argentina: “Blue” dollar still climbing on last working day before PASO elections

  

  The “blue” (a euphemism for “black market”) dollar climbed AR$ 3 and reached AR$ 605 on the last working day before Sunday's Open, Mandatory, and Simultaneous Primary (PASO) elections in Argentina, it was reported Friday in Buenos Aires. Meanwhile, the official exchange rate closed at AR$ 300.

• Thursday, August 10th 2023 - 11:45 UTC

  Argentina: “Blue” dollar reaches AR$ 600

  

  The “blue” (a euphemism for “black market”) dollar in Argentina Wednesday pierced the AR$ 600 barrier for the first time just days ahead of Sunday's Simultaneous, Open, and Mandatory Primary (PASO) elections while the official quotation neared AR$ 300, it was reported in Buenos Aires.