The illegal dollar continues to lower its price and is being sold at AR$7,64

Argentina, February 14, 2013

The main exchange houses today sell an official dollar that did not changed with yesterday’s price. Thus it remains at AR$ 4.96 for the purchase and AR$ 5.01 for sale. Meanwhile, the parallel market traded the dollar at AR$ 7.64 for sale, a penny less than yesterday.

The dollar drops slowly as summer fades and there is no such demand for tourism. Regarding yesterday, it costs a penny less. Last week, the currency that could be bought in caves went from AR$ 8 to AR$ 7.65.

The government measures to prevent the dollar shortage have already a year in duration.

At the moment, the difference between parallel and official is large and reaches the 52%.