Friday , August 12 2022

The dollar came to $ 40.56 after the BCRA authenticated a new hike in the rate


He was in conjunction with the Single and Free Exchange Market (MULC), where the money drops 14 cents to $ 39.53 and remain within the zone of nonintervention, established for today by the Central Bank between $ 38,426 to $ 49,728.

"The strategy applied yesterday by the financial authority to decomposition shoulder weight at the wholesale exchange rate continues on the date with the other turn of the screw when adjusting the interest rate," said operator Gustavo Quintana, or PR Corridors of Change.

In that context, that added "The increase in the rate set by the Central Bank today is unconscious about the current expectations of the dollar's continued increase, creating a small reduction that could indicate the beginning of another round of losses that bring them back to the bottom limit of the official zone that does not interfere ".

The prices responded to the demand with an increase in their quotation that led them to reach a maximum of $ 39.90 in the seconds of the largest purchase pressures. The offer came slightly more intense in the second part of the session and the values ​​were declining, reducing initial progress. Meanwhile, the result of the Leliq tender today, with a new increase in the rate, defines the lower dollar course which, due to the disadvantage of jobs and overseas income, has dropped back to a minimum touch of $ 39 , 40 per cent in the last half hour of operations.

The strategy applied yesterday by the financial authority to decompose comprehensive pressure at the wholesale exchange rate continued on the date with the other turn of the screw when adjusting the interest rate "(Gustavo Quintana, the operator of Corredores de Cambio)

Usually, the BCRA held an auction Leliq for a 7 day term and adjudication $ 183,875 millions once again sold a significant increase in the rate – the highest of the last five wheels – the average cut was 49.026% (Wednesday was 46.014%). The highest rating awarded was 50.4998% and the lowest rate was 44.001%.

The decline in the dollar price in the local market is contrary to the region. In fact, in Brazil, the money earns 0.7%, in Mexico it is 0.4% and Chile is increasing by 0.2%.

Dollar in the world

The euro increased on Thursday after PMI data showed that commercial activity in the euro zone was a big surprise in February, especially in France, while the Australian dollar fell after a Chinese port banned coal imports from the country that.

In the first place, the euro rose by 0.2 per cent to an average of $ 1,1364 after the PMI data, before reducing some gains to give 0.1 per cent on on the day.

In general terms, he earned the dollar index, which measured the green against a basket of six large monies, 0.11 per cent to 96,559, after the last Federal Bank meeting minutes expected dollar expectations. At least one additional increase in interest rates during this year.

Other markets

In the informal plasma, the grayActively stable to $ 39.75. Meanwhile, he added "contado con liqui" 64 cents yesterday to $ 39.96.

In turn, the Central Bank reserves He raised US $ 23 million on Wednesday to US $ 67,032 million and $ 234 million a month.

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