He The dollar once again exceeded the $39 barrier on Thursday. In the interbank average, the day ended at $39,017 with a rise of 0.13% compared to the close of a day ago, according to the Electronic Stock Market (Bevsa).
The last time the coin crossed the $39 threshold was on March 20 when it traded at $39,240.
Daily trading was for US$31.5 million with a minimum price of $28.97 and a maximum of $39.10. As usual, the day passed without interventions from the Central Bank (BCU) in the exchange market. The last time it did so was on August 31, 201 with spot operations for US$31.2 million.
on the blackboard of Republic Bank (BROU) the dollar traded at $37.80 for purchase and $40.20 for sale.
So far this year, it fell 2.63% after falling 10.3% last year.
The increase in the dollar, although it was a smaller percentage, occurred the day after the Economic Policy Committee (Copom) of the Central Bank (BCU) decided to lower the monetary policy interest rate by 25 basis points, from 11.5% to 11.25%. The objective of the measure is to anchor the inflation expectations of economic agents.
After the Copom announcement, the economist aldo motto indicated that one of the possibilities was that the leave would have an impact on the exchange rate.
“Possible effects of a 25-point drop in the monetary policy rate: some upward pressure on the exchange rate. Falls in nominal rates, especially short ones (curve somewhat less inverted, ”she wrote on his Twitter account.
Blue unstoppable in Argentina
In it argentine exchange market the dollar continues to rise. The official exchange rate quoted at A$ 216.50 for the purchase and A$ 224.50 for the sale, with a daily increase of 0.22% at Banco Nación. The wholesale dollar is at $217.59 and $217.99 at its buying and selling points, with a daily increase of 0.22%.
LUIS ROBAYO / AFP
Dollars
In the parallel market, the blue dollar finds no ceiling and rose 2.13%. It traded at A$427 to buy and A$432 to sell with a daily rise of A$9.
The free dollar is up A$32 so far this week and is up 8% from the $400 it started on Monday.
In some caves in the Province of Buenos Aires it is sold for A$437, while in the interior provinces it is available for A$440 on average.
The exchange gap stands at 92% with respect to the retail dollar and 98% with respect to the wholesale dollar. The free dollar marked an increase of A$ 86 since the beginning of the year, that is, 25% in less than four months.
With information from The Chronicler
