The Wholesale Dollar Loosens Behind Several Wheels of Strong Exchange Pressure
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Buenos Aires, 27 August (NA) -- The wholesale dollar receded after the heavy pressure exerted by the "fixing" last Wednesday, fixing the reference exchange rate for the payment of dollar bonds linked for almost US$ 2.6 billion that expire at the end of the month. However, the reference exchange rate of the market remained above the threshold of the $1.510. The wholesale quotation, which on the last wheels had risen until breaking the $1,500 barr…
The wholesaler records a tenuous setback after several wheels of strong climbs and official intervention on futures and bonds. The exchange rate continues above $1,500 and remains close to the levels that forced the government to intervene to contain it.
The wholesale exchange rate operates with a dim decline, after the fixing of the linked dollar debt made this Wednesday. How was the official intervention in futures and bonds.
The fixation of the dollar letter linked D31G6 took the volume of futures up to USD 3,572 million and provoked a strong intervention of the Central Bank during the Wednesday wheel.This Thursday, the main unknown goes on to determine how much of that tension responded to the expiration and how much can persist after the fixation.The previous day left a first signal.Despite the demand for currency and the official presence in different segments, t…
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