The dollar is approaching 40 | What was given was finished

The dollar showed a strong upward trend and closed its listing at $ 38.03 for the purchase and $ 39.72 for the sale, which increased by more than $ 2.50 in the last two days of exploitation, adding a fifth consecutive increase

On average, the ticket closed below 40 USD, but many banks have proposed late in the day above this value, as in the case of Galicia, Francés, HSCB and Itaú.

The volume of transactions in the cash sector exceeded $ 723.6 million and that of futures in the open electronic market was $ 249 million.

"The disarmament of positions in pesos, the principle of compensation for operations that expire on Thursday, among other factors, have justified the significant rise in the exchange rate," said the money changer Gustavo Quintana.

He added that "since the end of September and the beginning of October, the wholesale market exchange rate has not fluctuated above 39 dollars" and baderted that " the strength of the demand and the insufficiency of the offer combined to create the conditions of another exchange rate ".

Regarding the big dollar, he felt that "after opening at $ 37.40 and touching the minimums at $ 37.25, the demand sparked a new rally that allowed us to" get the best of it. " to reach $ 38.10 highs with a lot of volatility ".