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The majority of banks operating in the local market dropped the dollar early on Thursday, from 16.46 to 16.50, 16.56 and 16.60 on the sale.
This comes while we expect a continued decline supported by increased supply and availability of foreign currencies, and after the decline of the central bank dollar to 16.46 for the purchase and 16.60 for the sale.
The Central Bank announced Wednesday the increase in foreign exchange reserves to 44.969 billion dollars by the end of August, an increase of about 52 million dollars.
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