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In this way, the dollar has reached its highest value since April 26 arrived when he closed at 46.90 pesos.
"Consistent with what has happened on the rest of the international markets, the dollar started the week before OPSO with a sharp rise in the local market, as a result of China's decision to devalue its currency, "he explained. Gustavo Quintana, operator of PR Exchange Brokers.
And stressed that "Central sales in the futures markets were again the tool used to soften the adjustment curve, without interrupting the upward trend that prevailed worldwide ".
As The central bank validated Monday a further rise in the rate of Leliq (liquidity letters) by 58 basis points from Friday, at the end of 61.589%. The total allocated amounts to 257,062 million pesos.
Similarly, the monetary authority has carried out, on behalf of the Ministry of Finance, three cash auctions for a total amount of $ 60 million.
China left Monday that the yuan would weaken below 7 units per dollar, touching a minimum of 11 yearsat a time when the escalating trade war between Washington and Beijing has stirred the currency markets.
The accident occurred after Beijing announced its reaction to the decision of the US President, Donald Trumpof to impose tariffs of 10% on the Chinese imports for an amount of 300 000 million dollars, ending a month of commercial truce.
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