Thursday , April 22 2021

Dollar increased for the second consecutive time Chronicle



The dollar raised a 1.88% increase for public sale throughout the week, closing the day at $ 39,027, which peaked in the last eleven days.

At the wholesale level, the exchange rate increased by 77 cents as compared to the end of last Friday, while US $ 38.17 hit the last two weeks.

In the cash segment, this deal was held on Friday at $ 630.4 million.

In the first installment of the wheel, the US currency quarter rose sharply, and when the offer appeared on the market, it fell.

It has determined that today's wheel has a pronounced volatility, with a rise in prices and a decline, said the analyst Gustavo Quintana.

In the original wheel, the wholesale dollar rose by 37 cents and reached a maximum value of $ 38.35. Fernando Izzo, from ABC Markets of Changes, claimed that the increase was due to external news and the Argentine National Risk with a new rise, reaching 761 points.

On that day, the average interest rate on liquidity letters fell by 6 basis points, compared to the previous day, to 59.08%. In those figures, the monetary policy reference rate was at 59% in the last week, since it was 59.16% last Friday.

At today's auction, the Central Bank has allocated $ 125 132, which has released another $ 34,000 million in the market.

In this way, last week, the Central Bank made a $ 144.280 million monetary expansion, equivalent to $ 3800 million.

On the money market between banks, "cash money" operated on average by 58%; while swaps or swaps in companies reached an agreement of 156 million dollars.

The Rofex futures market completed a $ 1,165 million deal. Of this total, 70% expected contracts with maturities at the end of December and January at USD 39,075 and USD 40.90 respectively.


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