When it seemed that the dollar was going to take flight, two news have improved the prospects of Argentina.

The dollar started the wheel on the wholesale market with a sharp rise of 40 cents. And the forecast was booked because in the US, Wall Street opened down and the dollar strengthened against all of Latin America's currencies as well as the world's six major currencies .

But as if by magic, the bad weather has changed. In the United States, it has been announced the increase of tariffs to 25% for imported cars. It was postponed for six months and in Argentina, it began to exceed the expected inflation in April.

Wall Street reversed the trend and turned to positive numbers. In Argentina and emerging countries, the dollar fell in Chile and Mexico and Buenos Aires to $ 45.02, three cents more than the day before..

The amount of business on the wholesale market was usual. USD 830 million has reached a level indicating the presence of exporters. The rumor that inflation would be better was confirmed at the end of the day and the cost of living in April was up 3.4%, a high level, but far from the previous 5% and 4%. % calculated.

In banks and bureaux de change, the dollar was traded at the same price as the day before, at 46.16 pesos.

The Central Bank has continued to lower the system reference rate in the awarding of liquidity bills (Leliq) at homeopathic doses, where he placed $ 208,302 to 71.60%, only 0.03 points lower than that of the previous wheel. But as the maturities have exceeded the offer of banks, they released Thursday over $ 17 billion and, in three days, cash available to the public increased by 50 billion.

Country risk dropped 0.98% to 912 points as Bonar 2024, had a recovery of 1% and accompanied the rise of US Treasury bonds.

Central Bank Reserves Raised US $ 161 Million to US $ 67,297 Million, Due to US $ 60 Million Treasury Targets to Stop the Dollar Rising and the Fall of the Euro and other currencies, as well as international payments and trade compensation to Brazil.

On the stock market, starting at 2.30 pm, the stock trend has changed. At that time, the S & P Merval, the leaders index, posted a slight increase of 0.21% and began to rise and close with a gain of 2.18%.. The amount of business is maintained at a regular amount of $ 524 million.

The highlight was the takeover of Banco Supervielle (+ 4.64%) and YPF, which recorded an increase of 4.05% and a rise of 7% in two days.

Argentine ADRs, which are listed on Wall Street and are share certificates, went well. Supervielle (+ 4.53%), YPF (+ 4.05%) and IRSA (+ 3.90%) were the best of the day.

The other data that ended a good day is the rise in soybean, which recovered 0.50% and already reaches 307 USD per ton.

Despite this good news, the economy remains volatile. The world remains tense because of the crisis of states with China, to which Mexico adheres, which threatens tariffs on the United States. in retaliation, he gives his exports of steel and aluminum.

This is why the movement of the dollar must be monitored daily and the government is most worried because after showing a step forward in the fight against inflation, any problem coming from abroad can disrupt it.