The dollar falls to 43.80 dollars and the country risk slows its escalation – 04/11/2019

Today, the dollar risk and country operated in agreement and closed with slight losses compared to Wednesday's closing. In the retail market, the currency has reached $ 43.80, down 25 cents from the previous quote. In the wholesaler, it was located in $ 42.75, a drop of 28 cents.

Unlike what happened in recent days, this time country risk has also decreased. After a week – long protest, he was now in 813 basis points, 3 points less than yesterday. A good part of the Argentine newspapers have put an end to the losses they have suffered in recent days in the midst of economic and political uncertainty.

In parallel, the Leliq rate slowed the slow over the last two weeks and has increased slightly by 5 percentage points, which has led to 66.81% with an investment of $ 205,984 million.

Look also

Clarin Bulletins

What happened today? We tell you the most important news of the day and what will happen tomorrow when you get up

Monday to Friday afternoon.

The largest dollar income for the liquidation of the crop – depending on the market estimates the contribution of the field would already be about 100 million US dollars a day– waiting for the $ 60 million who will sell the treasure every day from next Monday.

In town, they do not exclude that, in one or two weeks, the BCRA buy dollars again. Today, the non-intervention zone is between 39.61 and 51.27 dollars.

The good mood of the city has been reinforced by the statements of IMF director Christine Lagarde, who said today in Washington that the Argentine economy "already starting to bounce"

The economic team – led by Minister Nicolás Dujovne and the head of the central bank, Guido Sandleris – is in Washington to attend the spring meeting of the IMF and the World Bank.

Look also

In his first activity in Sandleris, he told several investors that, to stop inflation, "the road is long, but perseverance will bear fruit"

What investors want to know today is, among other things, is if the central bank will use its dollars so that the peso does not lose so much value; how volatility will be controlled in an adjusted electoral scenario; and how the economy will be promoted.

AQ AB