US EditionThe Official Dollar Raised $50 From the Alleged Coimas in Andis
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The retail currency closed August to $1,360, which meant a decrease of $20 compared to July. It started the month with a decline, but the trend turned from the middle of the month, when the first audios of the former Andis holder met. Shares and bonds closed with substantial falls. Country risk climbed 108 units. Read more
On the last working day of the month, the Central Bank implemented an emergency measure to try to contain the rise of the dollar: it prohibited banks from buying foreign currency on that day. The provision, which will also be repeated next month but applied to the penultimate working day, sought to limit the carry trade and prevent the currency from shooting at the closing. However, the effect was limited: despite the restriction, the dollar end…
The dollar reheated its currency and climbed to $1,360 this Friday. Thus, the dollar card or tourist, equivalent to the official retail dollar plus a surcharge of 30% deductible from the Profit Tax, was set at $1,768. The wholesale dollar, market reference, increased by $9 (+0.7%) to $1,342, and ended the week with an increase of $21 (+1.6 %), although in the monthly balance sheet it scored a decrease of $32 (-2.33%) after the sharp escalation o…
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