Macroeconomy/Finance

Central Bank had to sell $100 million to support the official dollar

The CCL dollar rose 2.6% to 112.69 pesos while the MEP (stock market but only traded in Argentina) increased to 109.41 pesos, bringing the gap to 64.6%. To support the official dollar, the BCRA lost $1.12 billion so far in May.

Source: Ámbito

Categories: Macroeconomy/Finance