Global tension: dollar surges 1.3% in Buenos Aires

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Hit by the strength of the global currency and a marked risk aversion, the dollar opens the week with a 1.3% increase to 46.16 dollars of banks and agencies of the city of Buenos Aires. The situation exceeds that of the central bank and is conditioned by the international context.

It is in tune with the single and free currency market (MULC), where the currency climbs 76 cents to 45.20 dollars while the US President, Donald Trump, exerted strong pressure on China to reach a trade agreement in announcing that it will increase tariffs on the Asian giant's goods.

On Friday, the greenback fell 40 cents, as did the rest of the region, and despite the central bank's validation of a rate cut.

Thus, the note accumulated last week a decline of 2.9% ($ 1.35), compared to $ 46.90 the previous Friday.

The currency has evolved in a comparable way to the wholesale market, where it fell 36 cents to 44.44 USD, in a phase of serene development, losing 1.53 USD during the week.

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