2023-08-14 15:51:00
At 12:40 p.m., the blue dollar returns to $685 in the “city” of Buenos Aires, following having reached its maximum of $695 for sale. For its part, the stock dollar is trading at $606.83 for purchase and $608.54 for sale.
He Cash with Liquidation reaches $600 for the purchase and $631.65 at the selling point
At 11:30, the blue dollar climbs to $685 this Monday, August 14, which implies an increase of 80 pesos with respect to Friday’s close.
This Monday following knowing the results of the PASO, the Central Bank communicated the devaluation of the official exchange rate. In this way, the dollar starts to cost $365.50, which implies a devaluation of 21.8% with respect to the last closing price. It would keep it fixed until the presidential elections in October, according to official sources.
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As for financial dollars, the MEP Dollar is trading at $604.72 for the purchase and $604.72 for the sale, while the Cash with Settlement (CCL) stands at $613.38 both at the buying and selling points.
interest rate increase
The central bank also raised the interest rate by 21 basis points to 118% to contain deposits in bank accounts and avoid additional pressure on the informal exchange rate.
At the moment, no other measures are known, such as some type of exchange simplification. The updating of the exchange rate was one of the requirements of the IMF to approve the disbursement of US$7.5 billion.
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