The BCRA has already used almost 10% of liquid reserves to avoid the rise of alternative dollars

While intervening with bonds to stop the rise of the dollar and reduce the exchange gap, in the wholesale market the Central Bank had to sell 40 million dollars

FILE PHOTO: One hundred US dollar bills are seen in this photo illustration taken in Seoul, South Korea.  February 7, 2011. REUTERS/Lee Jae-Won/File
FILE PHOTO: One hundred US dollar bills are seen in this photo illustration taken in Seoul, South Korea. February 7, 2011. REUTERS/Lee Jae-Won/File

The collapse of Argentinian bonds has sterilized all efforts by the Central Bank to calm the financial dollars. The Global 2030 (GD30D), which is used to hold the MEP steady, fell 3.38% and the cable version (GD30C), which indicates cash settlement, fell 3.34%.

Free $375 dollar stable for sale

He free dollar it stood at $375 for sale in yesterday’s wheel. The dollar counted with liquidation rose three pesos to $369 while the MEP he also advanced three pesos at $360 each.

On the first day of the month, the central bank divested $40 million of its reserves.

The bone obligations in dollars fell 5% on Wednesday.

Fixed-term or dollar: Which retail investment earned the most in February

Peso deposits offer a nominal annual rate of 75%, yielding interest of over 6% if the money is left for a month. This compares to a free dollar that hasn’t jumped in the month

Interest rates are kept at a level that allows them to beat inflation.
Interest rates are kept at a level that allows them to beat inflation.

Interest rates in effect since September of last year mean that deposits with determined time stay with one of the most attractive investment alternatives, due to its performance and security. Currently, peso deposits offer a nominal annual rate of 75%, yielding interest close to 6.16% if the money is left for 30 days.

Financial day: the BCRA again sold reserves and dollar bonds fell by 3%

The entity parted with $40 million in the MULC. Government bonds fell a day without economic announcements at the start of the legislative year. Country risk has once again exceeded 2,000 basis points

A cash truck passes through the financial center of Buenos Aires.
A cash truck passes through the financial center of Buenos Aires.

Between the presidential speech at the opening of the regular sessions of Congress and the gigantic blackout that left half the country without electricity, sovereign bonds deepened their falls, in a wheel that left little taste in the face of absence of economic announcements Of the president Alberto Fernandezduring the Legislative Assembly.

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