Wednesday , August 4 2021

The dollar closes the financial year in a bearish trend



While in 2018 USD Doubled its value In all sectors, at the end of the year finds the required currency slightly. The operators of the city of Buenos Aires note that Leakage in the piles The year-end of the year exceeds the demand for coverage before the summer vacation.

In the average of the banks in downtown Buenos Aires currency is offered $ 39.04, With A decrease of 36 cents or 0.9 percent.

The interbank dollar takes its place on Friday Lack of liquidity in the pesos, Faced with the need to close the annual roles, said operators Reuters.

Even the effects High interest rate In Psos, ​​which referring to the liquidity letters (LELIQ) of the central bank is still very close 60% per year And cancel the purchase of currency.

In the square Wholesaler sells for 37.90 pesos, Which reduced the devaluation of the peso to 50.79% so far in 2018. This means a The appreciation of the exchange rate of 103.2% per annum.

"there is Having weights to close different commitments, Which is evident from half of Thursday's market. Therefore, the dollar falls, "explained the foreign exchange agent.

On Monday, Gesher will be in Argentina and on Tuesday the markets will remain closed for the new year.


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