Financial quotes are operating within a range limited by the Central Bank’s intervention in the stock market. The gap remains at around 43%.
The Financial dollars operate with slight increases this Monday, July 22, after registering its biggest weekly drop since February. In a framework of intervention by the Central Bank (BCRA) in the stock market to reduce the exchange gap, the prices remain more than $100 below the price of the blue.
After collapsing at the beginning of last week, the dollar MEP rises for the fourth consecutive day by advancing a weak 52 cents to settle at $1,332.27. For its part, the CCL rises 0.4% daily ($5.39) to $1,333.87, which is why the spread with the official exchange rate rises to 43.8%.
Last week, the “cable” and “bolsa” registered a cumulative jump of between 6% and 7%. This was the result of the initial impact that the exchange rates received after the announcement of the Government’s new monetary/exchange strategy.
However, as the days went by, concerns about the plan’s effect on reserves and economic activity slowed the downward rally.
News in development.-
Source: Ambito
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