The Dollar Again Tightens the Market and the Wholesaler Is One Step Away From the $1,500
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The official exchange rate began August with upward pressure, while BCRA seeks to continue accumulating reserves after purchases of $18 million this Monday.
The exchange rate scheme of the Central Bank of the Argentine Republic (BCRA) has already defined its operational borders for this month. After the officialization of the Consumer Price Index (CPI) of June, the monetary authority recalculated the ceiling of the floating band that determines the exact point at which it must go out to sell foreign currency...
The green currency opened August with a new raise and was placed at $1,494, in a day marked by strong demand for foreign exchange and expectations about the foreign exchange strategy that the government of Javier Milei will adopt in the coming weeks.
The blue dollar is obtained this Monday, August 3, at $1,540 for the purchase and $1,560 for the sale in the caves and informal exchange houses of the Porteña City.In the windows of the National Bank, the official dollar operates at $1,465 for the purchase and $1,515 for the sale.With these values, the exchange rate gap is located at 3.2%.The beginning of August finds the exchange market between two forces.On the one hand, the lower availability…
The exchange rate starts the month with an upward trend in a scenario of renewed foreign exchange demand.
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