The dollar falls after the sharp rise on Monday



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As reported domain.com, the American currency down 28 cents to $ 39.66 in the banks and exchange offices of the city of Buenos Aires.

The greenback jumped Monday to 2.4% and closed at $ 39.94, marking its maximum movement in almost two months.

Friday, the dollar had risen $1.07 reaching its maximum value in almost seven weeks to $ 38.50.

As, the central bank validated a further reduction of the rate which remains at 61,405% per year (from 61,699%), in the daily auction of Leliq. It granted $ 134,844 million, less than the amount due, and released some $ 48,700 million into the market. It should be noted that Leliq's tenure has been stretched from 7 to 10 days because next Friday there will be a holiday for the G20 summit.

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