The Government makes extreme efforts to prolong the calm in the exchange market

According to the operators, the intervention continues and there were requests to exporters to speed up the settlement of foreign currency

Stock Photo – A bill of 1,000 Argentine pesos on several bills of US dollars for illustration. Oct 17, 2022. REUTERS/Agustin Marcarian/

The economy is managed with all kinds of gadgets to achieve an image of stability in the markets, under the belief that if more days go by without dollar rises, the market will calm its desire to become dollarized.

He free dollar it dropped one peso to $468 for sale. The dollar counted with liquidation dropped six pesos to $427 and the MEP dollar a peso at $430 per unit.

The income for the agro dollar They reached USD 153.5 million yesterday, double the previous session and the highest level since April 21. However, the Central Bank parted with USD 18 million and it is the sixth consecutive day that it ends with a negative balance.

According to CIARA, due to the drought, the drop in foreign currency income for this year would exceed USD 18.7 billion. Shares of the S&P Merval sank as much as 8 percent.

Dollar: cash with liquid fell to 427 pesos, the lowest price since the peak of two weeks ago

In the midst of a new official strategy to preserve the scarce reserves of the Central Bank, the free dollar also fell and closed at 468 pesos

The liquidation of agrodollars improved, but the BCRA again sacrificed reserves.
The liquidation of agrodollars improved, but the BCRA again sacrificed reserves.

In alternative business segments, the dollar again cut positions this Thursday, in the midst of a new official strategy to preserve the scarce reserves of the Central Bank, which are at their lowest level in almost seven years.

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