The dollar remains calm: it has risen only one penny and remains at $ 28

The dollar wholesaler of today has seen a slight recovery and was roughly at the end of the wheel at $ 27.41, just two cents above its fence previous in the MULC. In this way, changed the trend and recovered some of the loss of yesterday .

With the same trend, the retail dollar climbed only one cent to $ 28.04, according to the Central Bank average (BCRA). On the screens of Banco Nación it remained unchanged at $ 27.90 for sale

"The exchange rate fails to return to the levels with which it closed the previous week. still in a scene of marked tranquility and lean business figure the evolution of the big dollar seems so far from the busy days that have attracted the attention investors and savers, "said PR Corredores report from Cambios.

The total traded on the date amounted to 581,834 million US dollars in the cash segment and 66 million US dollars in the markets MAE futures. Meanwhile, in the daily auction held by the BCRA on behalf of the Department of Finance, the amount was $ 100 million. The average price cut was $ 27.3925, with the minimum bid price of $ 27.3820

According to the report, the beginning of the period for closing positions and liquidations for the month ending on Tuesday may start to have an impact on the dollar price, placing it with a floor close to $ 27.50 per unit

Is it time to dollarize?

Pablo Castagna, personal portfolio manager, said that for a conservative profile " is clearly a good scenario for dollarization in the capital market ."

"He would take advantage of offers of Treasury bills (Letes) that allows individual investors, through these instruments, to obtain a wholesale exchange rate," he said in the dialogue with El Cronista .

In addition, he notes that in the futures market (Rofex), dollars are traded at $ 32 in December, implying a direct devaluation of 16%, virtually the same rate as for an annualized Lebac. In other words, an investor with a conservative profile would not be exposed to foreign exchange risk

For a more moderate risk profile, Castagna said it would take advantage of this type of change to dollarize the portfolio via bonds. For example, AY24 which gives 7.60% per annum in dollars.