The Dollar Overheated and Touched Again the $1,500, After the Cabinet’s Announcement of Changes
5 Articles
5 Articles
* Dollar today in Argentina * Stock exchange, markets, Country risk * Interest rates * Indec data * Ads by Federico Sturzenegger * Measures by Luis Toto Caputo
The official dollar at Banco Nación will open this Tuesday, November 4th, at $1,450 for buying and $1,500 for selling. Meanwhile, the wholesale dollar will open at $1,472 and $1,482 for both buy and sell. The average price offered by banks to retail customers was $1,450 and $1,500. The MEP (Market Electronic Payment) rate will open at $1,500 and the Contado con Liquidación (CCL) rate at $1,521. The "blue" dollar will be offered at $1,425 and $1,…
The dollar in the Banco Nación was put back at $1,500 for sale, at the close of a day with more operations than last week, after the government’s victory in the legislative elections was known. Faced with the increased demand, the government pushed a devaluation of 1.69% for the official currency. It should be remembered that the Minister of Economy, Luis Caputo, himself, said that he “feeled comfortable” with a dollar at $1,500. Meanwhile, in t…
The currency began the week on the rise. The official dollar closed this Monday at $1,450 for purchase and $1,500 for sale in the listing of Banco Nación, a raise of $25 compared to the last closing. In banks, the average retail exchange rate was between $1,490 and $1,500 for sale. The largest quote was reached at $1,505. The blue dollar quoted at $1,420 for purchase and $1,440 for sale, with a 0.3% decrease on the day. The wholesale exchange ra…
Despite the respite after the electoral victory of the government, the market does not trust the continuity of the scheme. The wholesale exchange rate was only $15 from the limit and the futures rose strongly.
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