Blue 12.75 And Falling.........

[Gringoboy]

I was in a cueva today (smack hand!) and they didn't have a clue what was going on.

 

[Rich One]

A prominent Economist predicted : Dollar Oficial $9 pesos in January and the gap 40 % i.e. Blue at $12.60...?

 

[rrptownley]

From Infobae:

La Cámara de la Industria Aceitera de la República Argentina (CIARA) y el Centro de Exportadores de Cereales (CEC), entidades que representan un tercio de las exportaciones argentinas, anunciaron que durante la última semana del 3 al 7 de noviembre, las empresas del sector liquidaron la suma de 641,4 millones de dólares. El monto liquidado desde comienzos de año hasta el 7 de noviembre asciende a 21.120 millones de dólares.

- Is this saying that the government liquidated over half a billion dollars to cause this slump in the blue dollar?

 

[sesamosinsal]

Is this saying that the government liquidated over half a billion dollars to cause this slump in the blue dollar?

That was the total value of products they exported. The BCRA keeps the dollars. They get pesos at the official rate. Sweet deal, huh?

The BCRA is clearly making more dollars available to the market. If they did not, then the blue market would be the only other place to turn.

 

[nikad]

Wednesday and Thursday banks are on strike, so it will be almost like a 2 day holiday for the blue.

 

[Ceviche]

January 29th, 2015.

 

[sesamosinsal]

678 is not as bad as everyone makes it out to be, but this report on the "dólar ilegal" is totally dishonest. According to them, the dólar blue is dead. Ha! What a (bad) joke.

https://www.youtube....h?v=7aCsJeyQaxk

 

[Rich One]

In spite of 678 bad omen jajajajaja the dollar went up 60 cents to $13,20....!!!

 

[Ceviche]

In spite of 678 bad omen jajajajaja the dollar went up 60 cents to $13,20....!!!

yaaaayyyyyyy

 

[lucha54]

Despite the strike, dolar blue still going up up up. Looks like someone (in the gov't) is about to make some quick cash.