The Government is closely following the price of
the blue dollar
, which this Tuesday reached a new record, reaching $378, after announcing the repurchase of one billion dollars of external debt to try to calm the markets.
At the beginning of the day this Wednesday, the blue dollar falls $4 and is trading at $374.
LIVENews in Development
18.01.2023 11:52
11:52
First market reaction to Massa's announcement: bonds rise up to 11%
The New York Stock Exchange.
Photo: AP
Argentine dollar bonds continue their rally.
This Wednesday, minutes after the announcement by the Minister of Economy, Sergio Massa, about the decision to allocate US$ 1,000 million to repurchase sovereign debt and thus prop up country risk and the exchange rate gap, dollarized titles increased their rise in New York.
The Global 2029 bond, the one with the shortest term and one of those mentioned by Massa as the target of the purchases that the Central Bank will make on behalf of the Treasury, jumped 11.44% shortly before 10 in the morning in Argentina .
The Global 2030, another of those mentioned, climbed 11.11% in dollars in a few minutes.
Read more here.
18.01.2023 11:46
11:46
Blue drops $4 at the start of the day
The blue dollar fell $4 at the start of the trading session on Wednesday and is trading at $370 to buy and $374 to sell, after opening at a record high of $378.
18.01.2023 11:32
11:32
The blue dollar opens unchanged
The US currency opened unchanged this Wednesday in the informal market and is trading at $374 for purchase and $378 for sale.
18.01.2023 10:49
10:49
For Martín Tetaz, the dollar at $378 "is cheap"
The tweet of the economist and deputy of Together for Change.
18.01.2023 10:27
10:27
To calm the markets, Sergio Massa went out to repurchase foreign debt bonds
The Minister of Economy, Sergio Massa, announced this Wednesday the Government's decision to open a "repurchase process of Argentina's external debt for more than one billion dollars" with the aim of calming the markets, in the midst of a sustained rise of the dollar in the parallel markets that yesterday reached a new nominal record.
"We saw a drop of a thousand points or more in the country risk in Argentina and it is a window. That is why we have made the decision to carry out a process of repurchase of the Argentine external debt for more than one billion dollars that begins on the day of today," Massa said.
Read more here.
18.01.2023 10:06
10:06
The official dollar opens unchanged
The official dollar opened unchanged this Wednesday and is trading at $181.25 for purchase and $189.25 for sale at Banco Nación.
18.01.2023 10:01
10:01
Anabella Quiroga
New record for the blue dollar: it jumped eight pesos and reached $378
The rise of the blue dollar remains firm.
On Tuesday it rose eight pesos and closed at $378, a new nominal record for the informal price.
On a day that is also hot for the exchange rate, the Central Bank ended its buying streak and sold US$23 million.
It is the first time in the year that the monetary authority goes out to sell.
So far in January, the blue has already accumulated a rise of 32 pesos, equivalent to an 8% rise, which makes it the dollar that increases the fastest in the entire range of exchange rates in Argentina.
Read more here.
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To calm the markets, Sergio Massa went out to repurchase foreign debt bonds
