With some variations, the alternative exchange rates, outside of the strict restrictions of the formal segment, tend to converge in their prices.
On the one hand, the dollar “Blue”, in a very limited parallel market, deals 116 pesos for sale, with a setback of one peso.
Meanwhile, the implicit parities in stock market operations gain about two pesos, $ 113 for the “cash settlement”, and at $ 111 for the MEP dollar.
In the official market, the dollar advances nine cents in the price wholesale, at $ 66.84 pesos, while in the average of banks it is offered at $ 89.90 for sale to the public, with a surcharge of 30 percent.
In the stock market, the S&P Merval index in Buenos Aires subtracted more than 2%, at 32,400 units, accumulating an improvement of around 8% in the week.
Most of the Latin American currencies and stock exchanges fell this Thursday ending a three-day streak of consecutive hikes, due to increased risk aversion that led investors to seek refuge assets out of fear of a global recession.
The Brazilian real lost 2%, which led the dollar to rise to 5.44 reais, while San Pablo’s Bovespa stock index was down 3 percent.