He Official dollar closed a new upward day, hit a Jump of $ 25 at Banco Nación and reached $ 1,325 Despite the Supercenta in pesos. He Treasure He failed to renew all the debt he won in Its debt tender and about $ 2.8 billion were on the market.
While there are different factors that push the price of the American currency, the lower liquidation of the agro -export sector explains in part of this movement.
The volatility in the exchange market has been maintained since Julio began and the dollar first touched $ 1,300 and, although he had managed to go back, this Wednesday he resumed the upward trend and closed to $ 1,325.
Market sources reported that the abrupt rise on the closure occurred in a low volume context in the spot market (US $ 20 million), which also prompted financial dollars.
On the other hand, the official retail dollar advanced at $ 1,325.6 for sale in the average of the financial entities published by the Central Bank (BCRA). Within the parallels, the Blue dollar operated at $ 1,320, according to a field survey in the City caves, and It was below the officer for the first time since July 7. In the bag, the dollar MEP rose 2.2% to $ 1322.4 and the dollar counted with liquidation (CCL) climbed 2.3% to $ 1,320.
The causes of increase of the dollar
One of the main factors that explain the increase of the dollar is the Liquidation of the agricultural sector In setback: in recent days exports were U $ 50 million while at the end of June the figure amounted to $ 300 million.
Despite this dollar entry deficit, the demand remained stable. While the rate rise aims to stop this pressure, the effect is not immediate.
In turn, the disarmament of Lefi It generated exchange tensions prematurely, even before fully specifying the new monetary scheme.
Source: Ambito