The dollar, in free fall: yielded for the third day in a row | Chronic

The retail dollar closed the week at $ 38.80 per unit, down 1.84% from yesterday and up 4.9% from last year's closing value. last october. .

In terms of wholesale sales, this Thursday, it was $ 37.72, down 1.92% from the previous day, while the US currency rose 4.92% throughout the month.

Due to the security restrictions imposed by the G20 summit, day trading was reduced – barely three hours – and spot trading volume exceeded $ 305 million.

On the foreign exchange market, supply has again prevailed with a constant influx of foreign exchange banks, exporters and investors.

This allowed the Central Bank to absorb a considerable amount of pesos – about $ 40 905 million – and to specify a further drop in the Leliq interest rate of 60.405% on average.

"The big dollar in the single market and the free trade (MULC) during the first hour of operation has dropped more than 80 cents because of the constant influx of foreign currency banks, exporters and investors , which has met with an echo of demand, since operators have given priority to placing pesos according to the diversity of badets and periods, with rates still high ", said ABC Mercado de Cambios in his daily report.

Finally, the Rofex futures market was finalized for 822 million US dollars.

The majority, 65% of the total, was for late November and December contracts, with final prices of $ 37.97 and $ 39.26, respectively.

The different tranches recorded losses of more than USD 1 in the listing, accompanying the verified regression on the spot market.