New rise in the dollar: in almost two months, it has reached its highest value



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In almost two months, the dollar has risen by $ 2.50 and is approaching the value with which it closed in October, when the currency had been recorded at $ 40.73 for retail sale.

After closing at $ 39.70, a further increase was recorded. According to the central bank inquiry, 38.03 USD buyer and 39.97 USD seller, with a jump of 3.7%. For their part, banks such as Galicia, Francés, HSBC and Itaú offer prices above 40 USD.

The exchange badyst Gustavo Quintana, reported: "Since the end of September and the beginning of October, the wholesale exchange rate has not fluctuated above $ 39. The strength of demand and the lack of supply have combined to create the necessary conditions. a further significant increase in the exchange rate. "

Quintana justified the increase in the currency with motives such as "disarmament positions in pesos, a principle of compensation for operations that expire on Thursday" and other factors.

At eight days of term, the Central Bank conducted a new auction Letters of liquidity with a rate cut, the average reduction was 61.237% – 61.405% against Friday – and the amount granted to 134.579 million dollars.

In this note:

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