Tag: Blue Dollar

“Blue dollar” in Argentina: find out its price here today, Friday, June 11, 2021
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“Blue dollar” in Argentina: find out its price here today, Friday, June 11, 2021

The Argentine stock market was trading down on Friday due to foreseeable profit taking after a recent bullish rally, while sovereign bonds rose slightly awaiting news about the country's negotiations to extend debt with the Paris Club and the International Monetary Fund (IMF).The dollar in the interbank segment appreciated 0.03%, to 95.14 Argentine pesos, in a place with liquidity controlled by the central bank with purchases or sales of dollars from its reserves.The Minister of Economy, Martín Guzmán, said on Thursday in a speech that "within the list of macroeconomic objectives is the reduction of the exchange rate gap", and pointed out that "the conditions that have been generated go in the direction of reducing it" .“The country has been experiencing growth in reserves (from the centra...
“Blue dollar” in Argentina: find out its price here today, Wednesday, June 2, 2021
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“Blue dollar” in Argentina: find out its price here today, Wednesday, June 2, 2021

The "blue dollar" it rose on Wednesday in Argentina on a day in which shares maintained their bullish price race, for the sixth consecutive session, due to short-term speculative purchases for their attractive values, traders said.Argentina It entered a 60-day grace period with the Paris Club after the maturity of a debt of US $ 2.4 billion, while it is in talks with the International Monetary Fund (IMF) to renegotiate about US $ 45 billion."The Government seeks to close a delay in the payment of the debt (with the Paris Club), with what the ruling party calls a 'time bridge', at least until an agreement with the IMF is reached"said Portfolio Personal Inversiones.MORE INFORMATION | BCR issues silver coin for the 200 years of the NavyIn the interbank market, the dollar rose a slight 0.04%...
“Blue dollar” in Argentina: find out its price here today, Tuesday, June 1, 2021
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“Blue dollar” in Argentina: find out its price here today, Tuesday, June 1, 2021

The "blue dollar" It fell on Tuesday in Argentina on a day when stocks and bonds maintained their bullish trend due to the speculative arrival of investment funds, days after a change in the MSCI world index that could relegate again to the local market, which that was used until the last minute for short-range coverage.The scenario was framed in a market attentive to the aftermath of a complex second wave of COVID-19 in the country and with the 60-day grace period in place due to a debt of US $ 2.4 billion with the Paris Club."There are funds that find high yields in Argentina, and that is why they take advantage of rapid entry and exit, which helps to increase volume, something that happened at the end of May and is being repeated now", explained an analyst from foreign private banking....
The lies around the dollar
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The lies around the dollar

The "dollar" question It is a subject that appears with insistence in the media, although in the last two weeks it has intensified. It was possible to read in one of the newspapers with the greatest circulation that "Inflation and more uncertainty push the blue." Simultaneously, another expressed "Inflation and the future quarantine push the blue dollar." But, wasn't it that inflation was determined based on the price of the illegal dollar, as they recently claimed? They are comments that they do not respect any logic of cause and effect, although they are used to influence expectations. Between April 19 and 28 the illicit dollar It rose 19 pesos (13 percent) but then, as anticipated by the Government, there was a strong downward correction, and ended last Friday at 151 pesos, although...
“Blue dollar” in Argentina: find out its price here today, Monday, April 26, 2021
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“Blue dollar” in Argentina: find out its price here today, Monday, April 26, 2021

The "Blue dollar" rose strongly on Monday in Argentina While the sovereign bonds of the South American country returned to operate in decline on Monday amid growing doubts about the future of the local economy, which could be affected by greater restrictions in the face of a significant increase in cases of COVID-19, operators agreed.The slow negotiation of the country with the International Monetary Fund (IMF) and the Paris Club for its millionaire debt maintains a cloak of caution over local assets."The price of bonds in recent weeks is tied to the following variables: health situation and possible restrictions, price of grains in international markets and negotiations with the IMF and the Paris Club"said Portfolio Personal Inversiones in a report.MORE INFORMATION | Vaccine tourism: To...