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CCL dollar falls again and pierces $1,250

CCL dollar falls again and pierces $1,250

Financial dollars are falling after the bullish rally they had at the beginning of the week. In this way, the gap drops to 40%.

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The CCL dollar falls for the second consecutive round this Friday, May 24, after exhibiting a bullish rally at the beginning of the week, and pierce $1,250. Likewise, the gap with the official drops to 40%.

The so-called “cable” dollar fell $13.78 (-1.1%) this day to reach the $1,242.26. However, in the accumulated value of the week it shows a strong increase of $138.57 (+12.6%).

For its part, the dollar MEP breaks a streak of eight consecutive increases by falling $11.79 (-1%) and positioning itself in the $1222.71. During the week it shows an advance of $151.59 (14.15%).

Thus, the gap with the official is 39.4% in the case of the CCL and 37.2% in the case of the MEP, when last week they had closed at 24.5% and 20.8%, respectively.

Stock exchange rates were boosted by the end of the carry tradedoubts about the approval of the law bases and one liquidation of the minor harvest than expected for this time drive alternative exchange rates.

Source: Ambito

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