The blue dollar soared $ 7.50 in three days and reached a new record price

The blue dollar soared $ 7.50 in three days and reached a new record price

Last week, the parallel bill advanced $ 1.50, after increasing $ 2.50, $ 8.50, and $ 2 in the previous three weeks.

Likewise, throughout October the informal dollar rose $ 11.50 (+ 6.2%) due to high inflation, exchange controls, fiscal deficit and firm country risk, which fueled devaluation expectations and put pressure on the currency, which it tends to make sudden jumps with just a few operations.

Anyway, so far in 2021 the parallel accumulates a appreciation of $ 40.50 (24.4%), well below the accumulated inflation of 2021, close to 40%.

Let us remember that during September, the informal dollar rose $ 4.50 (+ 2.5%), after posting its lowest rise since March in August, climbing just $ 1 (+ 0.6%). After hitting a low of $ 139 in early April, the parallel dollar increased $ 9 in April (6.4%), $ 7 (4.7%) in May, $ 11 (7%) in June, and $ 12.50 (+ 7.4%) in July.

Source From: Ambito

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