“Already at the beginning of the second half of September, the wholesale exchange rate persists with a very defined floor above $ 56, a level that does not seem to bother the official regulation strategy, which until now only uses liquid reserves when the adjustment process exceeds the tolerated margins for the evolution of the exchange rate at this time of the year ”said Gustavo Quintana, operator of PR Exchange Brokers.
In the financial market, the dollar "counted with liqui" rose nine cents to $ 71.32, so the gap with the wholesale currency was 27%.
Likewise, the MEP dollar amounted 57 cents to $ 67.41, which implied a 20% gap compared to the price in the MULC.
On the black market, the blue dollar closed unchanged at $ 61.50 in caves of the city of Buenos Aires, according to sources consulted by Ámbito.
The US currency operated again in a demanded tone and with an imbalance between genuine supply and demand that was again corrected by the official presence in the development of operations.
The minimum prices were recorded at $ 56.20 with the first transaction agreed, nine cents above the records of the previous end. However, the demand for coverage was installed early in the wholesale wheel, driving increases in prices that hit mid-morning highs at $ 56.31.
The volume traded in the cash segment was US $ 359,929 million, which represents a 9.3% drop compared to Friday.
Dollar in the world
Foreign currency linked to the price of oil rose on Monday after an attack on facilities in Saudi Arabia disrupted global crude supplies, while the Japanese yen and the Swiss franc strengthened as a refuge for investors restless because of uncertainty.
Oil prices rose sharply after attacks on two plants, which impacted more than 5% of world production. Yemen groups claimed responsibility for the attacks, although the United States blamed Iran.
The dollar was down 0.1% against a basket of referential currencies. Against the euro, it posted a small change to quote 1.1079 units.
Meanwhile, the currencies of the region will follow this week the monetary policy decision of the Federal Reserve, which could underpin a greater appetite for risk amidst distension in the US-China trade war.
Markets expect the Fed to cut the cost of money by a quarter percentage point when its meeting ends on Wednesday, but they will pay attention to the statement and the subsequent press conference of Central Bank President Jerome Powell, looking for clues about the Future of monetary policy.
The currency of Brazil, the real fell 0.1%. The Chilean peso was trading with a 0.3% decline amid the increase in geopolitical tension that caused a fall in the price of some raw materials, such as copper, the country's main export-
Likewise, the Mexican markets remained closed in the session by national holiday.
Fees and reservations
The total average rate on the day of the date, equivalent to the monetary policy rate was 84,011% and the total amount awarded was $ 245,918 million.
He central bank held the first auction Liquidity Letters (Leliq) 7-day term for an amount awarded of $ 75,589 million at an average cut-off rate that was at 83.823%, being the maximum of 84.3490% and the minimum of 82.982%.
The second auction was for an amount of $ 170,329 million, at an average cutting rate of 84,094%. The minimum rate awarded was 82.970% and the maximum rate was 84.3490%.
In the money market between banks the call money operated at 72%.
While the ROFEX operated US $ 297 million; a rise of almost 9%. Shorter terms accounted for almost 80% of businesses, said ABC's Exchange Market. And they pointed out that the months of September and October ended up operating at $ 58.17 and $ 63.70; with a rate of 87.55% and 106.94%.
"All terms rose, just 0.15% at the end of the month and more than 1% from October," they added.
On the other hand, Central Bank reserves fell on Friday $ 60 million until the $ 50.0895 million.
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