The dollar rises again after the sharp rise on Friday

The American currency it skyrocketed Friday $ 1.07 and reaches its peak in almost seven weeks, at $ 38.50.

The greenback, which recorded a fourth consecutive increase, was motivated by a significant demand for liquidity coverage prevailing on the spot (after launching an offer on Lebac, for which the BCRA canceled about $ 122 billion), and by a gradual disarmament of the peso positions of mutual funds, as opposed to a limited response on the side of partial leave offerings in the United States.

As a result, the currency experienced a weekly rise of US $ 1.50, the largest since the end of September, when the exchange rate reached a record high of US $ 41.94.