US EditionIt Was Close to the Band: the Official Dollar Set a New Record After Milei's Defeat in Pba
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The dollar rose again this Tuesday in the wholesale segment, where it set a new nominal record when it closed at 1.416,5 for sale. With this level, the exchange rate remained only 3.8% below the ceiling of the float band, in a context of increasing pressure after the defeat of La Libertad Avanza in the legislative elections of the province of Buenos Aires against Fuerza Patria. In the average of the financial institutions relieved by the Central…
After the strong volatility generated by the result of the legislative elections in the Province of Buenos Aires, the exchange market granted a truce this Tuesday and the official dollar remained stable throughout the day. The listing on the slates of the Banco Nación closed unchanged with respect to Monday, in $1,375 for the purchase and $1,425 for the sale, a behavior that contrasts with the jumps recorded the day before, when it reached to ru…
The wholesale currency closed at $1,416,5 and remained less than 4% of the ceiling of the floating band. The market reacted cautiously to the fragility of the exchange rate scheme.
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