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13-07-2018
On Friday, the retail bill rose 2.5 cents, but in the week accumulated it's over with a drop. The wholesaler closed at $ 27.28. Throughout the month, the price fell 5.5%, since it hit a high of $ 28.85. Total negotiated volume reached 622 million dollars
The dollar found some calm . Beyond Friday there was a very volatile wheel which ended with a slight rise in the exchange rate, overall the whole week the US dollar ] decreased by 62 cents and overall months fell by 5.7%.
In other words, the last days were marked by a stability of trade following foreign exchange earnings by investors who subscribed the three government securities offered this week by the government , the daily auction of 100 million US dollars and other official measures, such as the rise of the reserve bank and the increase in the rates of interest in pesos
Thus, Thursday touched the lowest price recorded since last June 26 reaching $ 27.23. And he moved away from the historic high of $ 28.85 which arrived just three days later, on June 29th.
With regard to this Friday, in the wholesale position increased by five cents to quote $ 27.28 in a context where the total volume traded has increased by 2.2% to reach the $ 622.3 million, the largest number of the week .
In the BCRA Daily Auction of $ 100 million, on behalf of the Department of Finance, the average price cut which was located at $ 27.17 .
At the time of the sale, "the disarmament of and foreign holdings again gave rise to a weakening trend in the wholesale dollar, which minimum to $ 27.15 per unit, "said PR Cambios operator Gustavo Quintana, although, after touching a floor, the value was again began to increase
As for the quote to the public the average price was $ 27.94 ] two and a half cents more than the previous one, according to the 39; Central Bank survey among micro-center entities. That is, it dropped 68 cents for the whole week
On the side of the Banco Nación, the quote remained unchanged Thursday at $ 26.70 for the purchase and $ 27.70 for sale .
The maximum value validated at the windows of the city was $ 28.20 in Galicia, followed by the $ 28 Macro, Itaú and ICBC
On the informal square, the blue was stable at $ 28.40, according to the Investigation in the caves of downtown Buenos Aires
The "cash settlement" lost yesterday 15 cents to 27.28 $.
The bullish dizziness that had been showing the dollar in the previous weeks has taken a break in recent days, especially after the central bank increased the reserve requirement by three percentage points to the dollar. current 26%, and also validate a jump in the rate in pesos which reached the 60% per year
And with the help of Letes and Bonds in 1945, in At the same time as the liquidation of the land, the currency fell by 30 cents on Thursday and drilled the ground for $ 28.
It should be remembered that part of the tranquility of the foreign exchange market was due to the fact that the government had dried up the pesos place with the offers it had made in recent weeks. The last was last Wednesday, when he placed three public titles for a total of 2.152 million dollars with the objective of relieving the demand for foreign currency. With all this flow could renew the maturities in Letes, in which he had to pay $ 1,200 million.
In this way, on the one hand, made a new issue of Bonus of the nation in Double Currency to February 2020 which allowed him to ambad $ 1.63 billion . And, on the other hand, he awarded 544 million of two Treasury bills in dollars to 210 and 378 days . Both instruments could be subscribed in pesos at the reference exchange rate of Tuesday ($ 27,563), or in dollars.
In addition, this Friday the Ministry of Finance announced that it will propose next Monday the reopening of National Treasury Bills in Pesos at fixed rate, due in November 2020 (BOTE 2020).
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