Economy

He blue euro today Wednesday May 10 2023, prior to the opening of the informal market, it is listed at $504.00 for purchase and $510.00 for sale. The informal European currency opens showing stability in the third round of the week. What is the blue euro The so-called blue euro is the one that circulates in the parallel market, also called the "black" market. The value of the parallel currency is usually higher than the official one because it is acquired in banks and it has an established price. They raid some 20 financial entities of the Buenos Aires microcenter…

He blue euro today Tuesday May 9 2023 in the informal market trades at $504.00 for purchase and $510.00 for sale. The informal European currency presents a raised from $1 after the morning exchange activity in the second exchange round of the week. What is the blue euro The so-called blue euro is the one that circulates in the parallel market, also called the "black" market. The value of the parallel currency is usually higher than the official one because it is acquired in banks and it has an established price. The Central Bank designs new measures to retain tourism…

Investors will brace for months in which market readjustments will be overshadowed by the threat of a new “financial crash”, according to Allianz chief economist Ludovic Subran. "We have all the ingredients of a so-called Minsky moment," he told Bloomberg Television on Monday, referencing economist Hyman Minsky's description of a plunge in asset prices after a buildup of debt. “You see that, everywhere, these liquidity pools or liquidity crises are beginning to be visible.” Subran is not the first to use that description since a series of US bank failures began in March, but his use of the term and…

He blue dollar today Monday May 82023, prior to the opening of the informal market, it is listed at $463.00 for purchase and $468.00 for sale. The parallel North American currency opens the exchange week with a slight rise of $1 in the first round Mass withdrawal of US$1 billion from bank accounts in Argentina According to the blackboard Bank of the Argentine Nation (BNA)he official dollar today Monday May 8 trades at $226 for purchase and $234 for sale. How much is the dollar MEP He dollar euroalso known as dollar bag, closed to $431.35 for purchase and $431.69…

Formal industrial employment accumulated 33 consecutive months of growth and presented the highest level of employment in four years, according to the Observatory of Employment and Business Dynamics of the Ministry of Labour, Employment and Social Security. According to these numbers, formal private employment in the industry grew by 0.3% in February compared to January, leaving more than 3,000 jobs in one month. And he assures that it is the longest expansion since 2009. In year-on-year terms and with respect to February 2022, growth in formal industrial employment was 4%. Compared to the pre-pandemic (December 2019), the increase was 8.8%,…

Activity in real estate and concessionaires is also affected by the economic crisis and exchange rate volatility. Although car registration rose 7.7% in April compared to the same month in 2022, the procedures fell if this data is compared with the numbers for March of this year, according to the Association of Automotive Dealers (Acara). The high costs are an opportunity for those who have more money, but push those who are not so sure of investing towards the option of not buying or waiting a while longer. The impact of the crisis is not always negative. "Buying a car…

He sixth month of the year comes with two good news for retirees and pensioners: on the one hand, the quarterly recomposition of their assets that some specialists anticipated a PROFILE could exceed 21%, and secondly, comes the half bonus. In any case, it also remains to be seen if the government offers a new bonus or fixed sum for minimum retirements. As anticipated by the lawyer Tamara Bezares"we are talking about a sum of $5,000 although nothing is defined yet. In any case, ANSES always tries to ensure that those who receive the minimum wages never fall below inflation."…

Registration for the segmentation of gas and electricity subsidies remains open. This implies that those who do not do so or receive a monthly income of more than $670,000 will have a reduction in the benefit. Registration is done by completing the form on the website argentina.gob.ar/subsidios or at the posts of the Ministry of Energy in different points of the AMBA. According to government calculations, 7 out of 10 Argentines will continue to be subsidized in their electricity and gas services during May of this year. According to the Undersecretary of Electric Power, Santiago Yanotti, this reduction in energy…

Food prices increased by 42.2% in local businesses in the Buenos Aires suburbs in the first four months of 2023. During April, inflation Delaware food in the suburbs showed an accelerated pace, contributing to the bullish trend that has been registered in the first quarter of the year. This is indicated by the monthly survey carried out by the Institute for Social, Economic and Citizen Policy Research (ISEPCI). The study conducted in 900 local businesses in 20 suburban districts from Buenos Aires revealed that the cost of Basic Food Basket (CAB) for a family consisting of two adults and two…