Macroeconomy/Finance

International reserves lost $16 mn in April, and the dollar rose to 41.3%

The BCRA’s International Reserves rose Thursday by $23 million to $43.57 billion. However, due to the monetary authority’s selling position during the last weeks, April’s net balance showed a $16 million loss. The unofficial dollar, “the blue”, rose 41.3% in the month, and the price of the stock dollar rose 30.6%, leaving a spread of 68% against the official currency.

Source: Ámbito

Categories: Macroeconomy/Finance