"The dollar has risen because the Argentine program depends on financial cycling"

Financial badysts are on the lookout and badyzing the behavior that could have the markets today, after the return of the dollar price yesterday to nearly 40 pesos. "The dollar is awake and has risen sharply. It ended almost at $ 40, according to the Central Bank average, which includes Banco Nación. He raised two and a half pesos in two days, "they say.

"The international issue has influenced, the dollar is strengthened in the world.It is the inconsistency of the Argentine program that depends on the financial cycle. When they leave bonds in pesos, the dollar soars. The question is how long can the rest of the pesos spend in dollars, "economic journalist David Cufré said at the start of the country's radio program. Gustavo Sylvestre.

And criticized: "There are data on sales of supermarkets and shopping centers that are disastrous, the worst fall since the governance of Mauricio Macri.In supermarkets, there is a decline of 7.9% in real terms and in shopping centers by 15.1%, with a loss of employment in both cases, according to official data of the INDEC.The president of the Industrial Union of Córdoba, which is in general very official , says that the fall of the industry has not been seen under these conditions since 2001. "

The dollar has once again triggered alarms within the government to return to $ 40, the highest value for nearly two months, which has risen more than $ 2.50 over the past two days of activity , adding a fifth consecutive increase. According to the average values ​​published by the Central Bank, the "green" ticket would have been bought at 38.03 dollars and the seller at 39.97 dollars, with a jump of 3.7%, the highest level since Guido Sandleris took the lead of the group. monetary authority.

In five consecutive days of rising, the exchange rate has accumulated an 8% gain, of which almost half in one day. As part of the survey conducted by the BCRA, several financial institutions have proposed over $ 40, as was the case of banks Galicia, Francés, HSBC and Itaú. On October 1, the note was closed at $ 40.73 for retail sales and then dropped sharply.