Naaju Breaking News, Live Updates, Latest Headlines, Viral News, Top Stories, Trending Topics, Videos
[ad_1]
The dollar rose again on Friday and reached $ 44.60 in the wholesale segment and $ 45.60 in the National Bank at the start of the negotiations.
In banks, the currency was trading at $ 45.80 on average around noon and in some, like Galicia, at $ 46.10.
US President Donald Trump has warmed the trade war by announcing new tariffs on products of Chinese origin. His statements, via Twitter, added more noise in the markets, which would still digest the signal of the Federal Reserve Wednesday, more conservative than expected.
Our representatives have just returned from China where they had constructive discussions on a future trade agreement. We thought we had an agreement with China three months ago, but unfortunately, China decided to renegotiate the agreement before signing it. More recently, China has agreed to …
– Donald J. Trump (@realDonaldTrump) August 1, 2019
At the local level, the currency is adapted to other emerging currencies and the country risk has reached 820 basis points.
The central bank could again intervene in the futures market and raise the interest rate in order to discourage the dollarization of the portfolios. On Thursday, the Leliq rate closed at 60.65% on average.
.
[ad_2]
Source link
