With the presidential runoff just two weeks away, the blue dollar rate has been operating in tangent with the greater political climate (i.e. tempestuous). Just before the election, many investors dollarized their savings. After the country got confirmation that there would be a ballotage, however, the blue dollar began to plummet.
Here is an explanation of the candidates’ stances on the blue dollar and the economy.
Meanwhile, the official rate followed by banks and exchange agencies has remained unchanged at AR$ 9.59 pesos.