The dollar fell 31 cents to $ 39.63 as the market bounced on Letes and Lecap



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The ticket has been synchronized with the Single and Free Exchange Market (MULC), where the currency fell 50 cents to $ 38.55 after peaking at $ 39.11 at the start of the round.

It should be noted that The Ministry of Finance will present today an offer of Treasury bills denominated in pesos and dollars (maturities of 193 and 116 days respectively), as well as bonds of the national treasury in pesos (BOTE), fixed rate, expiring November 21st. 2020

The North American currency operated with a mixed route that alternated increases and decreases but did not allow it to maintain the level reached until the day before. Prices exhibited marked fluctuations and volatility during much of the development of the wheel, reaching a relative trend set in the latter part of the session.

Peaks were recorded shortly after the start of the day when, due to an active demand push, prices reached $ 39.11. Then, the alternation of supply and demand marked the direction and evolution of prices but still below 39 USD. The offer was consolidated in the last tranche depressing the price at the end of the date. minimum at $ 38.55.

The foreign exchange market is limited this week following the G20 summit that will bring together the world's leading leaders and will be held from Friday to Saturday in central Buenos Aires.

In this respect, the Central Bank has confirmed domain.com which will be the single and free exchange market (MULC) will run until 13 th on Thursday; Friday, there will be no public attention in the banks.

"Without the strong pressure of purchase that has characterized the past few days, prices have dropped slightly under the effect of an interesting improvement in the currency supply," said the l. badyst Gustavo Quintana.

He noted that "just days before the end of the week, dollar values ​​seem to have found a new range of fluctuation much further away from the non-intervention zone than that anticipated by badysts at the end of November ".

In the informal market, for its part, blue goes back 50 cents to $ 38.50, according to the investigation on this support in the caves of downtown Buenos Aires. The "counted with liquidation" yesterday climbed 91 cents to $ 38.72.

Finally, the reserves of the BCRA dropped to 145 million US dollars Monday and 51.591 million US dollars.

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