10/29/2020 12:03 PM
Updated 10/29/2020 12:03
Economy Minister Martín Guzmán managed to lower the blue for the
fourth consecutive day
, with a combination of "
" and the issuance of attractive bonds to invest in pesos and move away from the dollar.
This Thursday the currency fell to $ 176, from $ 178 at which it had closed.
They are 19 pesos less since the peak last Friday, when it had touched $ 195.
The stock market dollars are also opening higher for the fourth day and will most likely end lower due to official intervention, through communications with the main players to refrain from trading and selling cheap bonds.
The Securities Commission asked traders to inform it minute by minute who is trading.
Cash with liqui
Cash with liqui
, which is obtained through the purchase of bonds and their sale abroad,
started with a rise of 2.3%, to $ 155.78.
Last week, in the escalation of uncertainty, the CCL had reached $ 180. Now it returns to the levels of three weeks ago.
MEP dollar or Stock Exchange
, the transaction to buy foreign currency in the country,
rises 1.2%, to $ 146.57.
The official move is to
go out and sell part of their holdings in bonds,
which appeases cash with liquid but at the same time sinks the price of the securities issued after the debt swap.
This increases the yield of the bond, which in the case of the AL30 already reaches 17%, far from the 12% with which it started less than two months ago.
With the fall of the blue the exchange gap was reduced.
Last week it had touched 150% and now - with the informal rate at $ 176 - it
falls to 125%.
The wholesale dollar, where banks and companies operate, is listed at
and savings dollar, with taxes and surcharges included, reaches
Despite the fact that the Government managed to stop the rise in alternative dollars, it has been selling foreign currency on the official market.
On Wednesday the Central Bank ended with a negative balance of
US $ 50 million
, according to private data.
, the floor of US $ 40 billion of
reserves was drilled
for the first time in almost four years.
They closed at US $ 39,866 million, a decrease of US $ 274 million compared to the level of Mars.
So far in October, the monetary authority lost US $ 1.2 billion.
Dollar: the Government wants to know minute by minute who operates in the market
Dollar: how much does it cost the government to lower the exchange gap