The dollar fell 72 cents to 38.82 dollars due to higher foreign exchange earnings (but increased 5% during the month)

He agreed with the Single and Free Exchange Market (MULC), where the currency fell 74 cents to $ 37.72, during a round in which the Central Bank has awarded a new tender for Leliq amounting to $ 189 162 million, with an average rate of 60.753%.

"The price has fallen due to the constant influx of foreign currencies, from banks, exporters and investors, which have been pbaded on by demand, with operators favoring the placement of pesos based on diversity. badets and conditions, always high rate ", badyzed by ABC Mercado de Cambios.

"In an unusual day for the reduced calendar, the North American currency could not recover from the previous falls and repeated a scenario of frank weakness.The prices were adjusted to a scenario in which the supply of Currency has clearly prevailed in the development of activities generating the third consecutive decline, "said operator Gustavo Quintana, PR Corredores of Cambio.

The maximums of the date were recorded at $ 38.35 with the first agreed transaction, eleven cents less than the previous closing. However, the supply of dollars was installed early and strongly during most of the abbreviated wheel run and pushed back prices that easily broke through the floor at $ 38, reaching a low of $ 37.72 on the month. closing of operations. The total amount operated was $ 305 million.

"The price has fallen due to the constant influx of foreign currencies, from banks, exporters and investors, which have been pbaded on by demand, with operators favoring the placement of pesos based on diversity. badets and conditions, rates still high "(ABC Market of Changes)

It should be noted that public and private banks all over Argentina will not open their doors to the public on Friday for a "holiday" determined by the authorities as part of the summit.

Other markets

In the interbank money market, call money operated on average at 52%.

At ROFEX, US $ 822 million was operated, of which more than 65% was agreed between November and December, with final prices of $ 37.97 and $ 39.26 respectively; and rates of 60.48% and 46.57% of TNA. Futures contracts resulted in losses of over $ 1 accompanying the decline in the spot, which dropped $ 0.74.

In the informal market, for its part, blue closed stable at $ 38, according to the investigation on this support in the caves of downtown Buenos Aires. The "counted with liquidation" yesterday dropped 13 cents to $ 38.59.

International reserves increased by USD 3 million to USD 51,446 million.

Dollar in the month

Despite the fact that the US currency functioned for most of the second month of management of Gudio Sandleris at the head of the BCRA, it was closed in November with a 5% increase. The increase was essentially concentrated on four days that determined the final result: Tuesday, November 13, when the dollar jumped 55 cents in a round in which the Centrale validated the seventh reduction in the Leliq rate and affected by the advance of the currency in the region.

The second shot was on Friday, November 23 when the note jumped $ 1.07, pushed by a significant demand for liquidity protection on the spot (after Lebac's call for bids, in which the BCRA returned instead approximately $ 122,000 million).

And the last effort that ended up defining the dollar's rise took place last Monday in a ride in which the US currency rose 1.44 USD (the highest rise in the Sandleris era). The rise in the price is due to various factors such as the disarmament of the carry trade, important maturities of bonds abroad, the taking of positions by the end of the month and the Appreciation of the currency in the region.