Ceviche- cuevas giving out 18.90 though published blue market rate is 19.2. is it normal?
The "blue rate" as reported by such sources as ambito.com is a discretionary figure. Cuevas offer the sellers of dollars what the market can bear on a daily/hourly basis. It depends as well on the amount one is willing to sell. Example....better rate for higher sum of dollars.
....There was no intervention of the Central...... ....Yesterday, the Central Bank reduced the benchmark rate again and in this case it did so at 75 basis points to leave it at 27.25%, a decision that made it less attractive to invest in pesos......