Markets: dollar opens stable at $1190 and watering country drills the 700 points

Offer and demand. That is the explanation given by analysts to summarize why this week the dollars operated with ups and downs, in full “discovery of the price of equilibrium” after the easing of the exchange rate. Today, the currency market operates stable, while the country risk perforates the barrier of the 700 basic points. The official dollar opens stable to $1190 on the screens of the Banco Nación, reference quotation for the rest of the f…

The official dollar rose $80 in the last three days. (Photo: Télam). The wholesale exchange rate rose three times in a row and is now close to $1,200, the value at which it traded in the first few days after the restrictions were lifted. The reasons for this are the expectation of greater volatility going forward. In the seventh trading session without restrictions, the wholesale dollar again approached $1,200, the highest closing value it reach…

The US currency appears somewhat more demanded by the market. The dollar price rose again today and approached the average float band. The wholesale dollar is located at $1,170, but at the National Bank it is sold for $1,195. In turn, the financiers are located at the level between $1,180/$1,200. As the band goes from $1,000 to $1,400, the quote is very close to the average of $1,200. Meanwhile, the CCL dollar scales 1.6% to $1,201.20, while the…

The dollar quote rose again this Thursday and is approaching the average float band. The wholesale dollar is located at $1,170, but at Banco Nación it is sold for $1,195. In turn, the financiers are located at the level between $1,180/$1200. As the band goes from $1,000 to $1,400, the quote is [...]

The value of the US currency was close to 1200 in the official retail market. President Javier Milei reiterated his intention to go down to the gang floor.

As for the stock exchanges, the MEP went to $1,183,51 and the Payout Account to $1,198,04, while the card was placed at $1,547. In addition, the Country Risk dropped to 713 points.