The dollar extended the respite but it was not enough | Chronic

After a week, the dollar ended the day with a slight decline both in the retail quote and in the retail trade. According to the official average established by the Central Bank, the currency closed at 42.42 USD for the purchase and 44.39 USD for the sale. Meanwhile, in the market where banks and large financial companies operate, the ticket worked at $ 43.35.

It was a wheel of several highs and lows but, in general, the forex market extended the respite of this Thursday. Mainly because it was a positive day for global markets before the versions of the advances in the negotiations between the United States and China for a truce in the trade war, which He had the coins recovered from the region.

Anyway, the week ended with an increase of more than 10%As a result, the BCRA was able to validate a low minimum of only two tenths of the Leliq rate. Relief is expected after Wednesday's shock, but that does not mean that fears of an accelerating dollarization of portfolios (and any risk) have disappeared.

However, the government continues to expect what can happen with the auction of Treasury dollars and the dollars of farm liquidations.