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Dollar: the blue goes down, the official goes up and the Central Bank manages to buy US $ 50 million

2020-11-16T23:40:09.343Z


The parallel yields 5 cents and trades at $ 167. There was a private offer in the official market. 11/16/2020 3:34 PM Clarín.com Economy Updated 11/16/2020 3:34 PM The blue dollar resumed its decline, after having risen last week, to $ 172 that closed on Friday. At the start of the day, he threatened to move forward. It hit $ 173, but then, starting at noon, it fell to $ 168 first and then $ 167. Last week the bearish streak was cut, which had taken the parallel price from $ 195 on October 23


11/16/2020 3:34 PM

  • Clarín.com

  • Economy

Updated 11/16/2020 3:34 PM

The blue dollar resumed its decline, after having risen last week, to $ 172 that closed on Friday.

At the start of the day, he threatened to move forward.

It hit $ 173, but then, starting at noon, it fell to $ 168 first and then $ 167.

Last week the bearish streak was cut, which had taken the parallel price from $ 195 on October 23 to $ 149 on Tuesday.

Thus, the gap between the blue and the official wholesale dollar is narrowing.

The currency that companies and banks operate closed this Tuesday with a rise of 20 cents, at $ 79.95.

Thus,

the gap fell to 106%.

The savings dollar is at $ 140.

The volume traded this Tuesday in the official dollar reached $ 296 million, a figure that had not been seen since the first days of October, according to

Gustavo Quintana

, from PR Operadores de Cambio. 

"The Central Bank alternated initial sales with purchases from the middle of the day to absorb the excess supply. These purchases allowed it to close with a positive balance due to its intervention. In a day with an interesting volume of business, a greater presence of the private offer, "he added.

The BCRA would have bought about US $ 50 million.

Alternative or stock dollars continue their upward path, which the Government tries to divert by selling bonds.

The cash with liquid, which allows to obtain dollars abroad, rises 1%, to $ 148.06, while the MEP dollar does so by 1.3%, to $ 143.00.

The Merval, thanks to the optimism of the world market due to the result of the Moderna laboratory vaccine, rose 2.2%, with notable increases for Cresud, Telecom and YPF.

NE

Look also

How much is a dollar worth?

Thanks to Moderna's announcement, world markets rise and Argentine stocks advance up to 8% on Wall Street

The question is: will the IMF help before or after the devaluation?

Source: clarin

All business articles on 2020-11-16

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