The Wholesale Dollar Scores Slightly Low but Fails to Pierce the $1,200 After the Ypf Ruling Against Argentina
6 Articles
6 Articles
The official dollar quoted this Wednesday at $1,195 for purchase and $1,245 for sale after a $20 raise on Tuesday’s wheel, in the midst of the turmoil that brought to the markets JP Morgan’s recommendation to divest himself of pesos bonds and the order of the U.S. Justice to Argentina to transfer 51% of YPF’s shares to the plaintiffs for nationalization of the company. At the National Bank, the U.S. currency raised another $20 to $1,195 for purc…
The official dollar quotes stable by averaging the day at $1,185 for purchase and $1,235 for sale on the screens of Banco Nación. The wholesale dollar is located at $1,222 and if you count the last 8 wheels, it already carries an advance of $80 from $1,142,5
There are signs of fatigue in the economy. The increase in contributions and imbalances on the external and labor front generate doubts about the sustainability of the economic model. The retail dollar rose this Tuesday $20 and was sold to $1,235 at Banco Nación. In the informal market, the blue dollar was traded to $1,225, ten pesos above the previous closure. In the financial segment, the one with settlement (CCL) climbed to $1,216 and the MEP…
The wholesale exchange rate, which is the market reference, advanced $17 (+1.4%) and closed to $1.22 this Tuesday July 1, thus breaking a new nominal record. In addition, it surpassed for the first time the midpoint of the center of the flotation band, after accumulating in June a tiny advance of $17 or 1.4%. “The unfavourable failure for Argentina due to the expropriation of YPF struck and circumstantially changed the market trend, we will see …
The wholesale dollar reversed the initial decline and went up again, thus setting a new record. Parallels are revalued in tune with the official market.
While the wholesaler and financiers fall, the blue and the CCL go up. The parallel plays highs of April 16.
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