The wholesale dollar registered a significant fall This Wednesday, June 18 and dragged the financial ones, which sank up to $ 30. It happened in the middle of a good level of liquidation by exportersin the prior to the restoration of retentions.
The official exchange rate backed $ 17.50 (-1.5%) to $ 1,142.50 for sale and touches minimum since May 23, and in the first two days of the week he accumulates a decline of $ 39.50. In tune, the futures They operated with generalized casualties in all contracts, mainly in those shorter deadlines.
“The volume operated today in the cash segment is the highest in June, probably impacted by tomorrow’s holiday in the USA and by this week,” he said Gustavo Quintana.
For its part, the dollar CCL He collapsed $ 30.80 (-2.6%) and the MEP He did it in $ 22.92 (-1.9%), up to $ 1,172.16 and $ 1,167.07respectively. He Blue He descended $ 10 to the $ 1,190although the gap with the officer climbed 4.2%.
The price Retail operated to $ 1,117.65 for purchase and $ 1,160.98 for sale In the average of the financial institutions published by the Central Bank (BCRA). Meanwhile, in the National Bank The ticket was located $ 1,110 for purchase and $ 1,160 for sale.
Reservations, war in the Middle East and condemns Cristina: what looks at the market
Last week, US $ 960 million entered for sales of the field, a figure that exceeds 25% to May figures. Operator Gustavo Quintana told this media that “It is likely that part of that has negotiated on Monday” and that a higher daily currency income is expected in the official market product of the short week. Even so, on this day it was known that at the beginning of this week the sale of soybeans loosen.
Meanwhile, the Central Bank (BCRA) reinforces its reserves after the entry of the last repo and the new tender of the Bonte that captured U $ S500 million. All this while inflation takes up its deceleration path and an upcoming visit of another mission of the International Monetary Fund (IMF).
Globally, investors keep caution in the world due to climbing in the war between Israel and Iranwhich affects a region that concentrates much of the oil supply throughout the planet.
At the local level, the Supreme Court of Justice on Tuesday the house prison against the former president Cristina Fernández de Kirchner. The sentence includes six years in prison and perpetual disqualification to exercise public office.
Luis Caputo and Santiago Bausili’s new plan
Last week the BCRA and the Ministry of Economy announced new measures to control the monetary base and accumulate reservations, which include the end of the Lefis, A new repo and debt placements.
As for the decision not to renew the Lefis, the president of the BCRA, Santiago Bausili, said this happens Within the framework of the “elimination of the monetary policy rate” and that from now on, the only variable that the monetary authority controls is the amount of moneywhich is well seen in general by the market.
In parallel, a new repo (short -term loan) was confirmed with financial entities, and the launch of Monthly bond tenders in dollars, for both resident, foreigners, in the latter case already without the minimum permanence of six months.
Source: Ambito
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