Global Courant
All the instances of the exchange day of this Tuesday, in a live coverage.
The blue dollar started the week a peso above Friday and ended the day at $484 for sale. Meanwhile, the official raised another $0.50 at the end of the session on Monday and closed with a price of $255.50 for sale and $242.50 for purchase.
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The official dollar is trading at $255.50
It is the sale price, according to the Banco Nación blackboard, on the morning of this Tuesday. For the purchase it is located at $ 242.50.
Damien Kantor
Due to the blue dollar effect, Uruguayans buy everything except clothes and electronics
Uruguayans who visit Argentina are euphoric. Not only because of the consecration of the “Celeste” in the Under 20 World Cup this Sunday, but because of the enormous advantages they find to spend in the country. The inhabitants of the city of Salto save an average of 59% when buying in Concordia, the neighboring town of Entre Ríos.
88% of “Salteños” admit that they cross the border at least once a month to look for everything, except clothing, footwear and electronics, which are more expensive despite the blue dollar effect.
According to the “Border Price Index”, prepared by the Economic Observatory of the Salto Campus of the Catholic University, food and drinks cost 159% more than in Concordia, with differences that exceed 350% (salt, mayonnaise, powdered desserts and refreshments). But in alcoholic beverages and cigarettes, “the structural gap reached 220%” in May of this year. Read more.
Provincial debt: after the stocks to pay with their funds, bondholders called governors
The stocks for the payment of provincial debts generated concern outside of Argentina. In recent days, at least three governorates received calls from bondholders, concerned about the measure that since June 1 limited access to the single exchange market, with the aim of using their dollar deposits to pay off capital maturities.
“How does it impact you?” was one of the main inquiries from creditors, after learning of the restriction to contain the outflow of dollars. The phones rang in Córdoba, Mendoza and Santa Fe, provinces that share private investors. The first two companies face payments of US$259 million and US$40 million, respectively, this year. Read more.
The blue dollar closed on Monday at $484
The blue dollar started the week a peso above Friday and ended the day at $484 for sale.
