In the parallel market, the price of the dollar seems to reflect the growing
and the uncertainty due to the
sharp drop in reserves
in this first part of the year: the blue rose and touched
its highest nominal value
at $394 .
In the financial segment, prices fell slightly, in a market attentive to the possible new economic measures that the Government would announce.
The Central Bank is unable to stop the bleeding of international reserves in the context of a sharp drop in dollar income from agriculture and, although rumors of exchange rate unfolding are growing in the market, as a way of dealing with imbalances
without validate a strong devaluation
of the official dollar, in the Government for now they deny it.
The organization ended its participation in the official market with sales for US$ 99 million.
According to operators, the sales of the Central were due to the demand from YPF, which bought US$20 million, from the province of Santa Fe, which acquired another US$26 million to be able to comply with a debt commitment and to pay energy.
In the wholesale segment, the organization chaired by Miguel Pesce accelerated its monthly devaluation rate to 5.8% on Monday.
"The agency put one foot on the accelerator. The crawling-peg traveled today at a daily speed of 83.2% of TNA, vs. 69.21% yesterday, and well above the monthly average of 67.8%," they highlighted. in PPI.
Meanwhile, hand in hand with a better global mood awaiting the new Fed decision on interest rates.
Argentine stocks and bonds face the second session of the week with increases
On Wall Street, the main indices moved, driven by an improvement in the banking sector, with investors having well digested the purchase of Credit Suisse and the "rescue" of the central banks of the main economies.
The global market has all its eyes
on this week's meeting of the Federal Reserve,
which will have to decide how to continue its interest
after the banking crisis of recent days.
Argentine shares listed on Wall Street soared: Edenor's ADR jumped more than 14%.
Despegar and BBVA completed the podium, with increases of 9% and 8%, respectively.
This propped up the Merval index, which finished up almost 4% measured in dollars.
"Argentine shares listed in New York seem to have found the short-term floor and are rebounding strongly," said Mauro Natalucci, from Rava, who affirmed the rise in the main indicator of the Buenos Aires stock market.
"The index lost more than 15% in just four rounds, however it seems to have found its short-term bottom at 210,000 points."
Meanwhile, bonds also rehearsed an improvement.
"Accompanied by a global context that seems to have subsided, the emerging universe took a breather. In this way, sovereign bonds in dollars managed to climb between 0.8% and 1.8% along the curve. According, finally the The weighted average price recovered and was located at US$27.38, returning to the price levels of last week," they said in PPI.
Bonds in dollars, for their part, also benefited from a climate of global optimism and rose up to 1%.
Is a new debt swap coming?: the Government analyzes an operation for the private sector
Edesur's intervention is official: what does the resolution say