The dollar reached $ 60 at Banco Nacion and the plant had to sell $ 367 million

Another hectic day. The central bank had to intervene quickly – with the sale of reserves amounting to $ 367 million in seven tenders – to contain the dollar. The dollar closed at Banco Nación at $ 60, having been at $ 61 in the early morning hours.

With a new measure, the BCRA is encouraging exporters to sell currencies.

In contrast, Argentine country risk remained at 2,142 points according to the index prepared by J.P. Morgan. This is the highest of the last 14 years.

Why markets exploded

The concern came back after the summit held Monday afternoon between the Monetary Fund entourage who arrived in Buenos Aires with Alberto Fernández and his economic team.

Once this meeting ended, Fernández issued a critical statement to the attention of the IMF and the administration of Mauricio Macri, making them responsible for the "social disaster".

"Those responsible for the social disaster are the government and the IMF," said Fernández after his meeting with the Monetary Fund.

The Front of All also revealed a fact that generated a cimbronazo: the IMF would have expressed its desire to anticipate the elections, due to an alleged "emptiness of power" generated by the outcome of the primary elections. But this rumor has been categorically denied by the agency. Media related to the Front of All have released this version.

Before the consultation The voiceRafael Anspach, IMF spokesman for Latin America, denied it categorically yesterday. "At no time did the IMF delegation speak to Fernández in these terms," ​​he said.

In Fernandez's offices yesterday, they affirmed these badertions, but they lowered it: "It was clearly said that a transition of more than two months generated a lot of political uncertainty".

The government has denounced the "stab" of its main rival, Alberto Fernández, and the agreed electoral truce seems to have disintegrated. From the macro-administration, they directly blame the rising dollar and the country's risk of escape these days. There are 60 days left until the general election in October.