The dollar fell by 50 cents in the central banks of Buenos Aires

With the perspective of foreign exchange earnings from the real economy, by the exports and the liquidations of companies, the foreign exchange market operated at a low price for third wheel followed.

On the square we are waiting for the entrance of some An additional $ 60 million per day from April 15, when the treasure start selling dollars in cash, with the authorization of the International Monetary Fund (MFIs), to cover your needs in weight.

In the branches of National Bank the dollar worked with a loss of 50 cents (-1.1%), 44 pesos for sale.

In the market wholesaler negotiated at nearly 43.01 pesos. The Central Bank has set for Tuesday a zone of "non-intervention" with a floor of $ 39,618 and a ceiling of 51.27 pesos.

The 0.9% decline in the Brazilian dollar to 3.82 reais, was also supplemented by the fall in the exchange rate in Argentina.

In the last few hours they have registered foreign exchange earnings for foreign trade and also liquidations of companies, which helped to define a downward trend for the US currency.

The amount operated in the spot segment improved by 20% with regard to Tuesday, a $ 775.4 million, while the ROFEX was negotiated for 974.2 million USD, more than 61 million USD in the open electronic market (MAE).

Contracts in future dollars for the end of the month were $ 44.08, while December 2019 closed at 59.53 pesos.

In terms of exchange, the economist Luis Palma Cané, of Fimades, considered that in the second quarter "we will be betterbecause we have 60 million USD per day to which the Treasury will contribute, they will start liquidating the exporters, more than 1,000 million dollars a month, it's about $ 4 billion helping, of course. "

"I can not badure that this prevents a Dollar growth beyond the rate of inflationbecause the dollar is stable, what does it mean? I hope you do not want this to be the key in 44 or 45 pesos, because later we have the problem of delay. For me, the stability is that it is very gradual upward and it's ok accompanying the level of inflationwhich, we suppose, should decrease, "said Cané Palma.

The international reserves of the Central Bank rose Tuesday to $ 77,478 million, after the entry of $ 10,835 million corresponding to a new disbursement of Funds.

"The country already received nearly 40,000 million USD USD 57 billion extended loan, or 70% of the total. Who will badume the presidency in December will have only 12% of the total credit of the organizationuntil the end of the program, agreed for June 2021, "they reported from Personal Portfolio Investments.

He was also received by the financial market new short-term public debt placement, which included dollar securities maturing after the October presidential elections.

The amount of the renewal of links the Ministry of Finance represented a high percentage of 66%. "Although the percentage of renovation is less than 70%, it was located above the basic scenario of the financial program", they emphasized Search for traders.

In the call for tenders for Treasury Bills (LETE) at 217 days, a total of 700 million USD, at a cutting price of USD 973.94 per mile, which means an annual nominal interest rate of 4.50% and an annual effective annual rate of return of 4.54%.

"Was pbadword the renewal of this letter that comes expires a few days before the second round presidential elections ", evaluated by Research for Traders.

In the placement of Capitalization Letters (LECAP)With a maturity of 110 days, $ 38,000 million was allocated at $ 988.50 per thousand pesos, which represents an annual interest of 55.02% and an internal rate of return, effective 66.34% per year, comparable to that of Liquidity Lyrics (LELIQ) from the central bank.