After climbing to ARS 4.27, the dollar closed at ARS 4.24
City of Buenos Aires, September 2, 2011
The U.S. currency continues its curious price escalation. Today, it came to settle at 4.27 pesos for sale, but fell to close at ARS 4.24.
The dollar is still seen as a good store of value, which is considered strange by some analysts who believe that the logical approach would be to be wary of the U.S. economy.
Just today, Wall Street was weak in its closure, which dragged the stock of the City of Buenos Aires, which fell 2.06%.
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