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Breaking News: Argentina's Currency Market Experiences Fluctuations

Dollar Rates Surge in Informal Market

A sharp increase in the exchange rate of the US dollar was witnessed in Argentina's informal currency market on Tuesday, April 30, 2024. The "blue" dollar, as it is known, soared to 100,500 Argentine pesos, marking a significant jump from its starting point of the year at 100,500 pesos.

Official Dollar Rate remains Stable

In contrast to the volatility in the informal market, the official exchange rate for the US dollar remained relatively stable. The Bank of Argentina's official exchange screens displayed the dollar at a steady rate at the start of trading on Tuesday.

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