US EditionThe Dollar Fell for the Fifth Day in a Row, Drilled a Floor and Marked Its Lowest Value in a Month
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5 Articles
If Econom decides to put a flat at the bottom of the d lar, by buying currency with pesos (of the super vit, at least for now), to be giving a se towards the market regarding the desire to add reserves.
The lack of demand for dollars generated a further drop in the price of the dollar, which in the wholesale market rose 1.18% compared to Friday, to close at $1,386,86. Thus, it was located very far from the upper limit of the exchange rate band that is currently at $1,504.48, but also from the “floor” of $929.88. Economic authorities started the day marking the declining trend that would have almost all dollar quotes when setting a value of $1,4…
The wholesale exchange rate closed at $1386, more than $100 away from the band’s roof, while the retailer sold at $1415; the shares present take-off. Since La Libertad’s victory in the legislative elections, a boom of trading bond placements broke out abroad. This phenomenon explains why the foreign exchange market tends to fall, even at a time without much offer from the agro-exporter complex. On the first wheel of the week, the official retail…
In a continuation of the calm that the markets are going through after the legislative elections of October and on the eve of the commercial agreement announced by the government with the United States, the official dollar started the week with a decrease of $10, closing to $1,415 for the sale and extending the decline in the listing for the fifth consecutive day. Likewise, it reached the lowest value since mid-October, while the official wholes…
On Monday the exchange market deepened its downward trend and accumulated five consecutive downward wheels, in a context of discrete volume in the spot segment, according to the least dynamism of the foreign trade of this time of year. The wholesale dollar ended the day at $1,387, its lowest value in 30 days. The wheel operated $353.6 million in the spot. In the day, the official exchange rate dropped 16 pesos (−1.1%), while in November it accum…
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