The dollar rises to 46.10 dollars in a dark day for the markets

The price of the US dollar jumped about seventy cents on Monday Banco de la Nación Argentina up to 44.10 pesos for the purchase and 46.10 pesos for sale and shares of local businesses that carry on their activities in New York asked for up to 4.5%.

Among the ADRs, Central Puertos shares fell by 4.5%; followed by those of Grupo Financiero Galicia, which fell by 3.3%, and those of Banco Francés, which fell by 3.2%.

In the open electronic market – where big companies and banks operate – the exchange rate has gone up 63 cents to 45.00 pesos for the purchase and 45.07 pesos for sale.

The rise of the dollar in Argentina occurred in a complex international context, following the cimbronazo that generated an announcement from the US government.

The Shanghai Stock Exchange on Monday had its worst day in more than three years, with a sharp drop of 5.58%, following the new threats by US President Donald Trump to increase tariffs on Chinese products from Friday.

After opening up in red early in the morning session, the Shanghai Stock Exchange continued to lose ground in the afternoon to close on a 5.58% drop, 2,906.46 points while the Shenzen Stock Exchange, the second largest financial market in mainland China, He lost 7.38% to 1,515.80 points.