The “stock market” dollar falls for the third consecutive day, while the “contado con liqui” (cash with liquidity) registers its second consecutive decline. Both prices operate well below the blue.
The Financial dollars fall again this Thursday, August 8, favored by the appreciation of the main currencies in the region. The gaps with the official exchange rate are close to 40%.
He “counted with liquid” falls $5.96 (-0.5%) to $1,321.07Meanwhile he MEP falls $8.95 (-0.7%) to $1,323, so the spread with the wholesaler, regulated by the Central Bank (BCRA), is 41%.
Investors are monitoring with concern the dynamics of reservesin the face of falling international soybean prices, a quarter in which exports and the use of foreign currency to influence exchange rates tend to decline.
On Tuesday the coffers of the monetary authority suffered their biggest daily drop in four monthsmainly due to a payment to the International Monetary Fund (IMF). Thus, they again approached the minimum since January that was verified at the end of July.
In this context, it was revealed that the Government would be negotiating with Banco Santander a $1 billion line of credit for the payment of principal on the bonds in January 2025.
Latin American currencies appreciate
After the turbulence that risk assets went through at the beginning of the week, the currencies of the region recovered in the last hourssy show a tendency towards appreciation.
He Brazilian real appreciates 0.4%, while the Mexican peso does so by 0.7%Likewise, the currencies of Chile and Colombia gained 0.7%, and that of Peru 0.3%.
Financial markets were hit hard on Monday by fears of a US recession, rising interest rates in Japan and worse-than-expected balance sheets at technology companies.
News in development.-
Source: Ambito
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