The dollar was at $377 to sell
Free quote from dollar He subtracted two pesos last Friday to return to $377 to sell. So the free dollar it was two pesos lower than the previous week’s close and brought the loss recorded so far in February to four pesos.
During 2023, the informal bill maintains an increase of 31 pesos or 9%.
The dollar counted with liquidation rises two pesos on the same day to $370 while the MEP it remained at 375 pesos.
He S&P Merval racked up a 4% gain last week. Dollar bonds fall as much as 10% in February.
He central bank ended Friday with a negative balance of $67 million in the forex market and added sales of $434 million so far this month.
During the week, the Central Bank had to sell $286 million on the foreign exchange market
The entity ended this Friday with a negative balance of 67 million dollars for its intervention in the MULC. In the last thirteen days of operation, it has racked up sales of $716 million
He BCRA finished the last lap of the week with sales for $67 million to meet market needs, in a wholesale session with business for $207.9 million in the spot segment. In five business sessions, the entity parted with liquid reserves for $286 million.
Financial Week: Dollar Bonds Fall 5% Despite Treasury Debt Buyback Announcements
Argentinian bonds suffered from falls on Wall Street and market risk aversion. The free dollar fell to $377 and the exchange rate differential was less than 100%. The BCRA sold 286 million USD on the market and the reserves fell
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The financial week passed with mixed numbers that put a pause on what was trending in December, January and February. The free dollar and stock prices, which had come off three months of strong gains, stabilized in February, while stocks and bonds also face a price “ceiling” after notable improvements since last October.