Argentine Dollar Rates Hold Steady with Minor Retail Increase on September 9
2 sources · Argentina
Who reported this
- Infobae
- La Nacion
What the colours mean
- Left
- Centre-left
- Centre
- Centre-right
- Right
- A hatched block means the outlet is affiliated with, or controlled by, a state.
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Every source for this story reports from Argentina.
Every outlet covering this story shares the same political lean; read with that in mind.
The official retail dollar rate rose by five pesos, or 0.3 percent, to reach 1,535 pesos for sale at the Banco Nación on Wednesday, September 9. The parallel blue dollar remained stable at 1,545 pesos for sale. Other financial rates included the MEP dollar at 1,528.79 pesos and the CCL dollar at 1,595.07 pesos. The dollar tarjeta, used for foreign purchases, is quoted at 1,995.50 pesos.
The Central Bank of Argentina (BCRA) reported the purchase of 20 million US dollars through its exchange participation, representing 5.1 percent of the spot segment volume. Gross international reserves decreased by one million dollars from Monday, totaling 50,732 million US dollars. Meanwhile, the wholesale market saw operations grow by nearly 100 million US dollars compared to Monday, reaching 393.3 million US dollars.
Economy Minister Luis Caputo recently spoke at Torcuato Di Tella University, where he stated that the economic reconversion model has an unequal impact on different sectors. He defended the recovery of specific activities and encouraged the integration of "mattress dollars" into the formal system. Additionally, the National Institute of Statistics and Censuses (Indec) is scheduled to release the August inflation data on Thursday, September 10, at 4:00 PM.
How each side framed it
- Centre-right
- Outlets of this lean focused on providing detailed exchange rate data and reporting the government's economic justifications and central bank movements.
Sources
- Centre-right Infobae: Dollar today live: at how much all quotes operate minute by minute this Wednesday September 9
- Centre-right La Nacion: Dollar today and blue dollar, LIVE: how much the official one is trading and what the price of the parallel one is this Wednesday, September 9, minute by minute
100% of the statements in this article were traced back to the source articles listed above.