The dollar closed above 46 pesos | Yesterday …

Local political and economic uncertainty continues to amplify international financial events. It is now the turn of the fall of the Turkish lira and the dollar on the Argentine market has increased by 44 cents to 46.30 at the National Bank. In the wholesale segment, where banks operate by account and by order of companies related to the external sector and for their own storage, the price has risen from 62 cents (1.3%) to 45.26 pesos, according to the screen currency (Forex) of the open electronic market (MAE).

During the day yesterday, the greenback had risen 31 cents after the tweet of US President Donald Trump, who had advanced the application of withholding taxes on imports from China; which fueled the fire of the trade war between the two countries.

Today, the rise in the local dollar also feeds on the performance of the Turkish lira, which on Tuesday accentuated the fall against the euro and the dollar. The move came after news that the Turkey Election Commission (YSK) had canceled the result of the local elections in Istanbul and called for a new vote.

At the local level, the lack of adhesion to the supposed call of President Mauricio Macri in favor of a consensus on the opposition figures to help extinguish the fire caused by its policy amplifies the exchange rate movements. It is expected by the result of liquidity bids through the Leliq to know what the interest rates will be.