Saturday , February 4 2023

The dollar remained stable at the end of Sunday Chronicle



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The dollar stabilized at $ 39.03 at an average price on Friday in major national banks. The Banco Nacion currency closed 10 cents from the end of Thursday to $ 38.90.

While on the wholesale market, the dollar closed at $ 37.97, only seven cents and a half below the value recorded at the end of this Thursday. However, during the week, the exchange rate lost 19.5 cents.

"The North American currency was left with a low tendency and a low power of reaction in the day when it did not have an illness of movement in international markets, he explained Gustavo Kuintana, operator PR Corredores de Cambio.

The volume of trading in the cash segment was low, from $ 431 million, and in the MAE Futures $ 14 million.

"The volume was very weak, it fell by 32.4% compared to Thursday, it is estimated that 40 to 50 million grain exporters have been liquidated today" the analyst pointed out Fernando Izzo, by ABC Mercado de Cambios.

BCRA granted $ 118.269 million of $ 125.132 million that came on Friday, when the entity mildly lowered the rate to 59.38%.

On the rosary market, Rfek traded at $ 1,017 million, of which more than 60% was agreed between December and January, with a final price of $ 38.43 and $ 40,325.

Futures showed a loss of more than $ 0.10 an average, which was followed by a decline in the US currency, which fell again against a pesos of $ 0.075.

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