The Limited Times

Now you can see non-English news...

The dollar counted with liquid exceeds $ 400 and the Central Bank sold US $ 76 million

2023-03-30T19:31:38.821Z


So far this month, Miguel Pesce's team has parted with US$ 1.8 billion. The dollar counted with liquidity, the way companies use to become dollarized, once again crossed the $400 barrier. This Thursday it is trading at $402, just one and a half pesos below the record of $403.6 that had touched middle of May. The MEP dollar, which is traded on the Buenos Aires stock market, is also moving upwards and is being sold at $390. In this way, it is close to the blue dollar,


The dollar counted with liquidity, the way companies use to become dollarized, once again crossed the $400 barrier.

This Thursday it is trading at $402,

just one and a half pesos below the record of $403.6 that had touched middle of May.

The MEP dollar, which is traded on the Buenos Aires stock market, is also moving upwards and is being sold at

$390.

In this way, it is close to the blue dollar, which started the wheel with a drop of two pesos, at $391, but above the close was reset and

ended at $393.

The movements of financial dollars occurred in the hours before Minister Sergio Massa announced from Washington the launch of the soybean dollar 3 and the dollar for regional economies.

Minister Sergio Massa announced this Thursday in Washington that the export scheme with the "agro dollar" will be expanded, which would temporarily extend beyond soybeans to other regional products, a way to shore up the scarce reserves to meet the goals of the International Monetary Fund.

The announcement came amid the crisis generated by the shortage of dollars in the midst of the drought, which in recent days has reactivated reports that the government could not avoid a sharp devaluation.

"We are fighting minute by minute to avoid a sudden devaluation," Industry Secretary José Ignacio De Mendiguren said on Wednesday.

On Tuesday, Sebastián Negri, the head of the National Securities Commission (CNV) had acknowledged that the current moment is "dramatic".

Within this framework, the Central Bank continued to sell dollars to meet market demand.

He lost US$76 million in this session and US$1,800 so far in March.

News

in

development


look too

Fair meat prices: on April 1 the agreement is renewed with an increase of 3.2%

Expectations for economic announcements support dollar bonds that rise for the third consecutive day

Source: clarin

All business articles on 2023-03-30

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.