
In Argentina, the parallel dollar fell by 20 pesos, a 2 percent drop that took it below 1,000 pesos for the first time in 2024. Called the ‘blue dollar’, it hit 990 pesos at close, marking a 40-peso drop from early March. Likewise, financial dollars followed the blue dollar’s fall. Experts say more exports and individual sales caused this. They link it to high inflation.
March 7, 2024
SOURCE: RIO TIMES
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https://www.riotimesonline.com/argentinas-parallel-dollar-dips-to-2024-low/