Dollar soaring and approaching 40 pesos

During today 's session, the dollar has reached the highest value of the last four months. With an increase of 2.4%, which represents 1.44 pesos, the US currency closed at 39.05 pesos for a dollar, while at Posadas cambio casas it can be bought at 39, 50 pesos. each unit of the North American currency.

As indicated in the specialized sites in economics and finance, the strong evolution of the dollar was due to a combination of factors, among which we can mention the disarmament of the carry trade and the position statement at the end of the month, as indicated by the In this way, the dollar came to touch the 40 pesos at one o'clock in the day.

"A combination of factors, such as the disarmament of the carry trade, the important deadlines of external obligations, and the inexorable beginning of the closure and trade-offs. each end of the month, seems allied to trigger a dollar correction with an unexpected magnitude, "badured the operator Gustavo Quintana, of PR Corredores de Cambio, in the aforementioned website.

On the other hand, for Christian Buteler, the rise of the greenback at the national level has three main reasons. In the first place, the order placed by the Central Bank at the beginning of the month of reserve for the funds that the financial entities must maintain immobilized, in order to discourage the entry of speculative capital in the short term. In second place, "the peso surplus for the disarmament of Lebac last week" and finally, "the decline in Leliq rate" that the monetary authority applies.

Source: ambito.com