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Price of the dollar in Argentina for Sunday, May 19, 2019 | Exchange Rates Argentine Peso BCRA Argentina Economy Markets



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God exchange rate of dollar in Argentina It is on the rise this Sunday for profit taking after the bullish days for more generous April inflation, in times of tension for the presidential election race in October amid recession economy.

God dollar Wholesaler valued 0.36% to 44.96 Argentine pesos to the dollar, respectively expected due to the recent strength of the US currency in global markets.

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On the other hand, the foreign currency of the fringes rose 0.11% to 46.05 units, traders said, in the context of a very slight drop in Lalyq.

In addition, the financial market was adjusted for liquidity dancing following the assumption of four foreign currency bills in the amount of $ 1,202.3 million, at a rate of 4.25% per annum.

The fall in the retail price index will help the president re-aspirate Mauricio Macri, Which faces daily social distress and the distress of the financial markets. Inflation in the fourth month of the year was 3.4%, compared with a forecast of 4.0% in Reuters and 4.7% in March.

Buenos Aires's S & P Merval Index lost 1.41% to 33,415.75 points at 13:10 local time (1610 GMT) after a bullish opening and gaining 5.01% in the last three sessions. With an annual cost of 55.8%, the adjustment for inflation is automatically applied to the company's balance sheet with a closing on April 30.

Over-the-counter sovereign bonds shed 0.7% on average, with lead sales in very liquid paper, in turn, the Argentine state risk prepared by the bank JP Morgan rose 13 units to 932 basis points, while on Thursday fell to 903 units.

"It is important that after three months in which inflation has increased compared to the previous month, in April it began to fall," said Minister makes, Nicholas Dujovne, in radio statements.

"We are doing the right thing to lower the inflation rate, and there is a very limited fiscal policy … in which the central bank no longer finances the treasury, we have the relative prices of equilibrium … and a kind of competitive change, He added.

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