The free dollar remained at 375 pesos

He free dollar It subtracted two pesos yesterday, Tuesday, to trade at $375 to sell in the discounted parallel market. The informal note thus registered a loss of six pesos or 1.6% in February, to interrupt a series of three consecutive months of increases above inflation.

So far in 2023, the free dollar maintains a gain of 8.3% or 29 pesos. With a dollar wholesaler who earns 35 cents a day, at $197.16, the exchange difference remains at 90.2%, after peaking at 108% in January.

The official exchange rate registers an increase of 20 pesos or 11.3% in the first two months, above the gain of the parallel dollars and close to the level of inflation.

The dollar counted with liquidation a peso rose to $366 while the MEP goes up one peso to $357 per unit.

He central bank it closed Tuesday with a favorable balance of $20 million but in February it racked up losses of $889 million (the worst February in 20 years).

He S&P Merval ended the super bullish rally and fell in February for the first time in 8 months.

BCRA’s market sales hit a record high in February, despite buying $20 million today

This Tuesday the entity bought in the MULC, but ended the month with a selling balance of 878 million dollars, a maximum for the second month of the year

BCRA reserves fell by more than $5 trillion in the first two months.

In a wholesale wheel with a large volume of business, some 475.4 million USD in the cash segment (place), he The Central Bank purchased about $20 millionthe second consecutive day with a balance in favor.

Financial day: February ended with a negative balance for stocks, bonds and the free dollar

The S&P Merval lost 2.4% over the month, in line with Wall Street. Dollar bonds subtracted 7.4% on average. The free dollar fell six pesos to $375 and the BCRA sold $878 million to the MULC

February closed in the red locally and abroad.
February closed in the red locally and abroad.

The Argentinian financial market ended with a negative balance in Februarydue to profit-taking after a portfolio recomposition started in October, while investors await announcements from the International Monetary Fund (IMF) on a possible easing of the quarterly targets agreed with the country a year ago.

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