Sign in
Stories
Blue Dollar's Decline in Argentina
Share
Argentina's Debt Restructuring Discussio...
Argentina's Debt Swap Proposal
Argentina's Economic Challenges
Argentina Appoints IMF Representative
Argentina's Austerity Decree: Economic R...
Argentina's Debt Challenges
Overview
API
Argentina's blue dollar experiences a significant decline due to excess supply and low demand from companies, leading to a record low of $1060. The contado con liqui also fell, and the official dollar depreciated by 33% due to the 2% monthly crawling peg. The bonds in the foreign currency market started trading positively, with a rise in Bonares and GD41D by 4.29% and 3.91% respectively. The S&P Merval also increased by 0.3%.
Ask a question
How might the decline of the blue dollar impact the overall economy of Argentina?
What are the potential implications of the decline in the blue dollar for international trade and investment in Argentina?
What measures could be taken to address the challenges faced by the blue dollar and improve its value?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Coverage
lanac