The price of the dollar advanced 20 cents to $ 8.95 for sale. In - TopicsExpress



          

The price of the dollar advanced 20 cents to $ 8.95 for sale. In the month wins more than 10%, which represented an increase of about 2%. The "cash-settled" amounts to 8.48 pesos The free dollar is about $ 9, after seven consecutive days of rises Photo credit: Adrian Escandar After the sharp upward trend recorded on Tuesday, the dollar unchanged free open Wednesday and continues to $ 8.75 for sale. Yesterday, the U.S. currency at the closing recorded a rise of 2% or 17 cents, then ended at $ 8.58 for sale on the previous day. Thus, the currency in the parallel market returned to values recorded in mid-April. This Wednesday will be launched Savings Bond Argentine Economic Development (Baade), one of the tools available under the law of money laundering. The Government places high expectations on this instrument: hopes to raise up to two billion dollars, and remove pressure on the parallel market. Meanwhile, the official dollar remained stable $ 5.44 at banks and exchange houses. The dollar on the interbank segment, meanwhile, rose slightly to a new record high of 5.4325 / 5,435 pesos, with a gap of 61 percent exchange. The demand for dollars is driven by the period of the winter holidays and coverage after collecting the bonus means that employees receive in July. Argentina maintains railways limitations on the purchase of foreign exchange to avoid capital flight. Last week the dollar accumulated increase of 40 cents, which were added another 40 cents this week operations. The Government insists that the rise is "seasonal", since higher demand rates for the winter holidays adds a greater amount of dollars circulating. If so, demand should give in the coming days. ******************************************************** It is seasonal here,,
Posted on: Wed, 17 Jul 2013 17:25:03 +0000

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