Home » Economy » The blue dollar continued its upward trend: how much did it close – News

The blue dollar continued its upward trend: how much did it close – News

by Alexandra Hartman Editor-in-Chief

The blue dollar maintained its upward trend on Wednesday and closed at $316 at the selling point, while financial exchange rates continued to rise, according to the main indicators of the exchange market.

The parallel currency jumped a peso compared to the price of this Tuesday, in a round with volatility in which it had reached $318, to later fall back at the end of the round.

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After today’s rise, the exchange gap with the official wholesale exchange rate stood at 87.1%.

Financial dollar quotes hit new nominal records but also pared gains at the end of the wheel.

In the Buenos Aires stock market, the Cash with Liquidation dollar rose to $343 and later dropped to $339, while the MEP advanced to $327, following climbing to $332.

The cash gap with settlement and the official wholesale exchange rate was around 98.9%, while the MEP reached a difference of 92.6% with the official dollar.

The Central Bank (BCRA) ended the round with purchases for some US$71 million in the exchange market and in the month accumulated purchases for some US$354.8 million.

The Qatari dollar rose 50 cents and is trading at $353.70 and further distanced itself from the blue, while the tourist or card rose 44 cents and traded around $309.49.

The savings or solidarity dollar, which includes, improved 41 cents and was offered at $291.80, while the dollar without taxes reached an average of $177.27 in private banks and at Banco Nación it was offered at $176.

The wholesale dollar, which is regulated by the BCRA, rose 46 cents to $169.95.

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