US dollar drops to 13.51 pesos, ‘ blue’ at 14.20 pesos


On the first trading day of the year, the US currency rose 10 cents in banks and exchange agencies to 13.51 pesos, while the so called ‘blue’ parallel exchange rate fell 12 cents to 14.12 pesos.

The dollar has accumulated an increase of 56.6 percent in 2015, the highest in 13 years, with President Mauricio Macri lifting currency controls in December.

The evolution of the US currency price and the consumer price index are being closely watched by the new administration.

Grain exporting firms liquidated more than 752 million dollars in the last week of 2015, according to reports released today.

In tourist season launch, Macri vows to fight drug trafficking


President Mauricio Macri and Buenos Aires governor María Eugenia Vidal today launched the summer tourist season from coastal city of Mar del Plata.

After announcing new investments in the city, two new air routes from Tucumán and Córdoba and the removal of a local rubbish dump, they pledged to “face and beat drug trafficking.”


“Due to inaction and complicity of the previous government, drug trafficking has advanced like never before,” Macri said adding “we won’t look sideways. Argentina needs to fight this calamity and we will do in every corner.” He guaranteed the “judiciary’s independence and better conditions for security forces.”


“We consider tourism a fundamental axis to collaborate in our poverty zero plan because it creates employment. This is why we came here to sign a touristic agreement.”


“We will take care of the environment and of Mar del Plata’s open-air rubbish dump,” he promised. “We are launching a public work to clean up and eradicate the dump which will begin between March and April.”


Macri also announced Aerolíneas Argentinas state-run airline will add new flights from the provinces of Córdoba and Tucumán to the city Mar del Plata. “It will be easier, quicker and safer to travel,” he said.


Zannini: I would be honoured to accompany Scioli

Legal and Technical Presidential secretary Carlos Zannini has confirmed that he has accepted Daniel Scioli’s offer to accompany the Buenos Aires governor on the Victory Front ticket for this year’s elections, after the candidate revealed his decision the previous evening. 

“I have spoken with the President [Cristina Fernández de Kirchner] and I have accepted Daniel Scioli’s candidacy,” the official told journalists from Government House today. 

“It is a great honour to share the ticket with the man who was vice-president to Néstor Kirchenr because this means the continuity of a path.” 

When asked about the future of the campaign of Florencio Randazzo, who alongside Scioli is hoping for the Victory Front nomination in the PASO primaries, Zannini only answered “I do not know”