Tuesday , August 20 2019
Home / argentina / The dollar is down 19 cents to $ 39.50 and records its second consecutive resignation.

The dollar is down 19 cents to $ 39.50 and records its second consecutive resignation.



In it Single and Free Stock Market (MULC), where the currency loses 15 cents $ 38.40.

In the informal market, however, the blue opera is stable $ 38.50, according to a poll on this media in Buenos Aires Caves. "Cash settlement" dropped yesterday by 13 cents to $ 38.59.

It should be remembered that according to the region, gold yesterday fell by 31 cents and cut the bar with five consecutive increases.

This was in line with the wholesale segment, where the currency dropped by 50 cents to $ 38.55 after touching a height of $ 39.11 at the beginning of the round.

The currency market, like this, is accompanied by the Brazilian trend, where the North American currency fell by 1.6% and in Mexico, where it reached 0.7%.

At the Central Bank, liquidity bills ("Leliq") included USD 140,075 million at an average return of 61,25% per year, which represents a first increase (albeit small) following fifteen bids. The maximum of eighth letters was 61.691%.

It is mentioned that analyst Fernando Izzo of ABC Mercado de Cambios "If we take into account this offer, we warn that the bank's investments in this bond increased by 49% more than expected, that is, $ 46,140 million, although it kept a slightly higher interest rate" "If we take into account this offer, we warn that the bank's investments in this bond increased by 49% more than expected, that is, $ 46,140 million, although it kept a slightly higher interest rate"

He added: "In calculating that these pesos that were invested in Leliq would have stayed in the chain, of course, the exchange rate would not have fallen from $ 39."

Also The Treasury Department issued Treasury bills in pesos and dollars (with a maturity of 193 and 116 days, respectively), as well as Treasury bonds in shavings (BOTE) at a fixed rate effective from 21 November 2020.

The currency market is limited this week thanks to the G20 Summit, bringing together world-leading executives, from Friday to Saturday in Buenos Aires.

In this regard, the central bank dominio.com confirmed that it will be the Unified and Free Trade Market (MULC), which will operate until Thursday until 13th until Friday on the banks will not focus on the population.

Other money markets

Money market between banks "Make money" It operated on average 60%. The currency swap was decided at $ 163 million to take and / or place funds in pesos using dollar purchases on Wednesday and Thursday.

Future trading market ROFEXA total of $ 1,725 ​​million was discussed, of which more than 70% was agreed between November and December with the final prices of $ 39 and $ 40,465, respectively; and 71% and 53.33% TNA rates.

Lastly, central bank reserves were cut by $ 147 million on Tuesday and closed at $ 51,433 million.


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