:quality(85)//cloudfront-us-east-1.images.arcpublishing.com/infobae/TJPUWNOCDRHDND7LJRSETHHD7U.jpg "Dollar live today: how much is it opening this Monday March 6 and what is the price minute by minute")
Massa receives bankers to agree on an exchange of debts and clear deadlines for 12 billion pesos
The Minister of Economy will receive this afternoon at the Palacio de Hacienda a group of executives from financial institutions and insurance companies, holders of bonds in local currency
The Minister of Economy Sergio Massa will receive a group of executives from banks and of insurance companies define what will be the new offer of exchange debt in pesos whereby the Ministry of Economy will seek to clear the maturity horizon of local currency bonds, which in the next four months amounts to more than 12.3 trillion pesos.
What will happen to the dollar? : BCRA sales hit record high for first two-month period
Between January and February, the monetary institution ended with a sell balance of almost $1,100 million in the MULC. Reserves decreased by approximately $5.9 billion. Causes and consequences of “external constraint”
2023 started without the decisive contribution of the soya dollar, a higher parity regime for exports of the oilseed complex which allowed the Central Bank to accumulate nearly 5,000 million dollars over the months of September and December. In fact, it was these market-settled agricultural currencies in the home stretch of last year that helped the economy meet the targets agreed with the IMF. And for the trade balance, end with a positive result.
The free dollar was at 375 pesos
At the end of the day last Friday, the free dollar It traded at $375 on sale, a value it has already touched on the cogs of the previous Tuesday and Wednesday and is at its lowest since February 6. The currency operated on the informal market maintains an increase of 29 pesos or 8.3% in 2023.
The dollar counted with liquidation is at $372 while the MEP it remains at 367 pesos.
The Central Bank ended Friday with a tiny positive balance of $1 million and cumulative purchases of $18 million over the past week.
Financial week: The free dollar gave way to $375 and dollar bonds fell again on Wall Street
The alternative currency lost four pesos or 1.1% per week. Global bonds fell 3.6% on average and ADRs on Wall Street fell 10%, given greater aversion to overseas investment risk and doubts about the local economy . BCRA purchased $18 million
The financial week ended in equilibrium for the alternative dollars and with a negative bias for Argentinian stocks and bonds, in the latter case due to the unfavorable indicators of the local economy.
The free dollar fell and the Central Bank closed a week with net buying for the first time in two months
The alternative currency closed at 375 pesos. The monetary authority had a weekly balance of $18 million due to its foreign exchange intervention. Stocks and bonds rebounded
The free dollar confirmed the “lateralization” trajectory that kept it stabilized for a month, while Argentinian stocks and bonds reacted higher at the end of the week, in any case leaving a negative balance for prices.