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The blue dollar reaches $ 162 and the shares of Argentine banks rise sharply on Wall Street

2020-11-25T05:55:14.892Z


Galicia leads with 6%. The official exchange rate increases 40 cents and the saving dollar is located at $ 142.


11/24/2020 12:21 PM

  • Clarín.com

  • Economy

Updated 11/24/2020 12:21 PM

After the long weekend, the blue dollar opened higher on Tuesday.

It increased a peso that brings it to $ 162. Financial dollars move along the same lines, rising about 1%.

Last week, the blue dollar moved in a limited range between $ 161 and $ 163. At the beginning of December, a month in which the circulation of pesos increases, expectations are set to see what will happen with this price that a month ago it reached $ 195.

After reaching 150%

today the gap between the blue dollar and the wholesaler is 82%.

The official dollar

rose 34 cents

at the opening of this Tuesday and brought the wholesaler - the segment in which banks and large companies operate - to $ 80.69.

As usually happens after a long weekend, the Central Bank lets go of the rope so that the wholesaler can accommodate with increases that compensate for the three days of inactivity.

For its part, the retailer increased to $ 86.10, an increase of 20 cents.

Thus,

the saving dollar reaches $ 142.

The

blue-chip

, which allows the operation be operating dollars with bonds and deposit them

outside the country, up 0.5% and is at $ 150.6.

The MEP dollar, which is accessed through the Buenos Aires stock market, increased 0.9%, to $ 148.55.

Country risk, the JP Morgan indicator that measures the excess rate that Argentina should pay to borrow against the United States Treasury, rises 0.4%, to 1,377 basis points.

Yesterday, despite the holiday, the country risk moved at the rate of Argentine bonds listed in the United States and fell 0.4%.

The Merval opened with a rise of 2.1% and almost the entire central panel with positive numbers.

In New York,

Argentine stocks maintain the positive streak

, with rises greater than 5% for bank papers.

Galicia climbed 6.3%, French 5.9%, Supervielle 5.2% and Macro 4.6%.

IRSA Propiedades Comerciales, the paper that yesterday rose 25%, today is accommodating down and yields 8%.

On Wall Street the Dow Jones index rises 1.1%, with the markets optimistic after the confirmation that Janet Yellen will be the Secretary of the Treasury in the management of the Democrat of Joe Biden.

AQ

Look also

Reserves on the tightrope: the soybean record gives a little air to the Central Bank

Although production will fall, soybeans and corn would contribute 14% more foreign exchange due to the increase in value in the international market

Source: clarin

All business articles on 2020-11-25

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