The Government closely follows the price of the
blue dollar
.
After the climb on Monday, with which it reached $462, this Tuesday
the currency takes a new leap and is trading at $472
, a new nominal record, in the midst of the political and economic crisis that is shaking the Executive.
LIVENews in Development
25.04.2023 11:35
11:35 a.m.
Blue opens strong $10 higher
The blue dollar continues its frantic climb and opened this Tuesday with a rise of $10: it is trading at $467 for purchase and
$472 for sale
.
This is a new historical nominal record.
In the last ten days, the US currency in the informal market has risen $72.
25.04.2023 10:45
10:45 a.m.
Martin Bidegaray
"The shot was seen coming", according to three economists
The new shot of the 'blue' dollar, with the consequent subsequent transfer to prices, was something that three economists consulted by Clarín, of different political colors, were coming.
"It is part of the volatility and uncertainty that we are seeing in the market, the result of a totally unbalanced economy," said Dante Sica, former Minister of Production of Cambiemos and current collaborator of Patricia Bullrich, the PRO's pre-candidate for the Presidency.
Read more here.
25.04.2023 10:13
10:13
The official dollar opens unchanged
The official dollar began the day without changes and is trading at $218 for purchase and $226 for sale at Banco Nación.
25.04.2023 09:39
09:39
Felisa Miceli criticized Miguel Pesce: "He squandered currency" and "continues because he is protected by Alberto Fernández"
Felisa Miceli, former Minister of Economy.
The former Kirchnerist Minister of Economy was very critical of Pesce's management at the head of the Central Bank, pointing out that his management in that entity "is terrible."
"Miguel Pesce's management at the Central Bank is terrible. He squandered the foreign currency. He continues because he is protected by Alberto Fernandez," Miceli said in an interview with AM 750.
25.04.2023 08:56
08:56
Jorge Remes Lenicov: "Dollarization is not adequate for Argentina"
Jorge remes Lenicov was the Minister of Economy that Eduardo Duhalde chose to defuse the crisis unleashed after convertibility.
Photo: Mauricio Nievas.
"
Dollarization is not adequate for Argentina
," warned Jorge Remes Lenicov, the Minister of Economy that Eduardo Duhalde chose to, precisely, deactivate the convertibility bomb that had begun during the Carlos Menem government and that had been strengthened after the outbreak of 2001 and the resignation of the then president, Fernando de la Rúa.
Author of the book "115 days to disarm the bomb", in reference to the process he had to carry out to achieve "de-dollarization", firmly rejected the dollarization that Javier Milei proposes as a solution to overcome the economic crisis that Argentina is going through.
Read more here.
25.04.2023 08:21
08:21
Foreign banks warn that annual inflation can reach 150%
A trader works at the New York Stock Exchange.
Photo: EFE
The large investment banks have negative expectations for the country, both for this year and for the next.
JP Morgan sees prices rising to 122% during 2023, with a rebound towards 2024, when they would reach 150%.
BNP Paribas estimates that inflation will be 135% this year, and does not rule out that the Government reaches double-digit monthly inflation, that is, more than 10%.
"The credibility of the policies is weak and there are losses of monetary control, with risks for prices," judges Goldman Sachs, which did not use its own inflation projections in a report that circulated among companies and the market, but was based on the data from the Central Bank surveys with economists, which locate the CPI going to 120% per year.
Read more here.
25.04.2023 08:15
08:15
The blue dollar closed at $462
The blue dollar, without brake.
The blue dollar opened the week with a new hectic day in which it reached $465 and finally closed at $462. The US currency accumulates a rise of $62 in the last ten days.
look too
"The shot was seen coming", according to three economists
Foreign banks warn that annual inflation can reach 150%
