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The blue dollar falls to $ 134 and the country risk rises again due to the tensions with the debt

2020-07-28T14:58:20.216Z


The JP Morgan indicator rebounds 1% after having touched the lowest level in five months yesterday.07/28/2020 - 11:29 Clarín.com Economy Economy This Tuesday the blue dollar falls to $ 134,  two pesos less than yesterday's close. So it moves away from the close of last week, when it had touched $ 140. The official dollar opened at $ 72.08 in the wholesale segment, while the retail average sold at $ 75.76. Financial dollars remain stable. The MEP dollar, which is used to make currencies throu...


07/28/2020 - 11:29

  • Clarín.com
  • Economy
  • Economy

This Tuesday the blue dollar falls to $ 134,  two pesos less than yesterday's close. So it moves away from the close of last week, when it had touched $ 140.

The official dollar opened at $ 72.08 in the wholesale segment, while the retail average sold at $ 75.76.

Financial dollars remain stable. The MEP dollar, which is used to make currencies through the purchase of securities on the Buenos Aires stock exchange, is trading at $ 115.8 , while the cash one, the operation to take foreign currency abroad, reaches $ 118, 7.

For its part, country risk, the JP Morgan indicator that measures the over-cost that Argentina would pay for borrowing in relation to United States Treasury bonds, changes its trend and rises again at the start of this wheel. Rebound 1% to reach 2,242 basic points s. This cuts the cycle to the downside that it had been showing in recent days and which led it to close yesterday at 2,219 points, the same level it had at the end of February. The tensions for the renegotiation of the debt pusher to this indicator. Last night the communiqué of the three main bondholder groups was released, which again rejected the latest offer from the government and claims to have a sufficient majority to block the agreement.

With this, the bonds that had been increasing in price in recent days, fell again around 1%.

In the Buenos Aires stock market, the Merval fell 0.6%. In New York, Argentine stocks show mixed movements.

AQ


Source: clarin

All business articles on 2020-07-28

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