Dujovne's ads fell to the dollar

Dujovne spoke. The dollar fell. But rates have gone up again.

After the announcements of the Minister of Finance, Nicolás Dujovne, after meeting with the head of the International Monetary Fund Christine Lagarde, (At first we said that it was a protocol and that we had not talked about the dollar), the dollar fell below $ 42. Dujovne reported from Washington that Since April, the Treasury will sell 60 million US dollars a year until the end of the year (9,800 million US dollars) with some of the pending funds approved with the IMF.

The retail dollar has fallen 40 cents and listed on the Board of Directors of Banco Nación (entity giving the lowest values) at 39.80 USD buyer and 41.80 USD seller. The blue was $ 41 and the wholesaler at the MULC quoted at $ 40.77; 43 cents less than yesterday.

Today's two offers from Leliq have determined an average rate of 63.664%. $ 202.221 million was awarded to them, while they earned $ 223.174 million, broaden the monetary base by $ 20,953.

This reversal of the tendency to dry the peso square is parallel to Dujovne's announcements to sell dollars to obtain pesos and financing expenses in national currency.

However, the main rebadurance of this announcement is to anticipate and give the market the message that, In case of exchange of money before the elections, the government is ready to face it with the IMF's endorsement.