The dollar fell 74 cents and closed at $ 57,378

The dollar dropped 74 cents and closed at $ 57,378 for the public sale after Hernán Lacunza took over the position of Minister of Finance and Press Definitions seeking dialogue and consensus with the political forces presented during the presidential election of October.

Bank prices were running low, with maximum ceilings of $ 60 in the case of Patagonia and HSBC and a minimum of $ 56.95 at National Bank.

In the wholesale trade sector, the sale reached $ 54.75, 25 cents less than the values ​​recorded at the end of last Friday.

"In a wheel with a lean business figure, the official strategy has managed to slightly reduce the sharp rise of last week, allowing prices lower than $ 55 per unit," said Gustavo Quintana, PR Corredores' operator of Cambio.

"The market has opened with high expectations for the replacement of the Minister of Economy and control of the value of the dollar / peso in order to give it greater stability," added Fernando Izzo, an badyst at ABC Mercado's Cambios, who said that even if it had started with a rise the BCRA's offers and the auction on behalf of the National Treasury "lowered the price until the closing of the National Bank at $ 54.75 seller for the transfer, and the ticket at $ 57 seller (counter-price) "

In monetary terms, the BCRA absorbed $ 45.224 million through Leliq tenders, which today allowed Letters to receive $ 99,702 million and an average amount of $ 144,926 million. an average rate of 74,964%.

Cash volume reached $ 544 million, but did not record operations in the MFA futures sector. In the Rofex futures market, USD 724 million was traded; 23% less than Friday.

The shortest terms have concentrated 70% of the total exploited. Final prices for August and September were finally $ 56.70 and $ 62.70. The terms showed a low average of 1%.