The dollar was $ 43 and the plant raised the rate to 67%

The exchange rate ended a stormy week with a rise of almost a peso that brought back a few cents of its historical maximum. The pressure on demand was felt from the beginning of the wheel, where it came to quote at $ 42.20 in the wholesale segment and to $ 43.20 at the Banco Nacin.

In this context, the Central Bank decided to validate a further increase in the interest rate very early, to 66.08%, without being able to roll back the currency. As a result, during the second offer on Friday, he deepened the strategy by applying an adjustment that placed it at nearly 67%.

This time, this could have an impact on the price of the ticket, which fell by a few cents to $ 41.80 in the wholesale segment and to $ 42.86 in average retail sales, making it the second highest mark of the year, behind the $ 43.41 that came to play last March 7.

Whatever the case may be, Sandleris' strategy is already being called into question by the market because of its inefficiency and also in the ranks of Cambiemos, as Minister of Production, Dante Sica himself.

On the market, they believe that the arrest of Temer complicates pension reform in Brazil

The currency's jump is due to a complex international scenario, in which all emerging currencies have been affected. Although the Fed's decision to keep the rate at a level of easing the market, its forecasts of a slowdown in the US economy trigger several alarms.

"In contrast, the lower growth of the Chinese economy is affecting commodities.In Europe, the Brexit is not resolved, Germany has very bad economic data, in Switzerland balance sheets of banks who are emblematic entities The agreement with Xi Jinping on the entire continent is being delayed, leading to a flight to quality, "said market badyst Francisco Uriburu.

But as usual, given the vulnerabilities of the Argentine macroeconomics – confirmed Thursday with the worst data on unemployment and GDP – the peso regained its place on the podium of the most devalued currencies, depreciating 1 , 88%.

Another of the most affected currencies is the Brazilian Real (2.6%), which was predicted to have been seriously damaged after the arrest of former President Michel Temer and former Prime Minister Moreira Franco. It turns out that both are closely related to the Speaker of the Chamber of Deputies, Rodrigo Maia. the market deduces that the fact complicates the approval of the pension reform this has already been presented to Congress.