In another hectic day, the blue dollar climbed $18 this Monday and reached $465, although in some places in the city of Buenos Aires consulted by this newspaper they assured that “it is a reference price because they are not sold.”
In this way, it confirms the unbridled upward trend of last week, when in five days it accumulated an increase of $42 that took it from the $400 in which it opened on Monday to the $442 in which it closed on Friday, in rounds in which there were of everything, because it began with a strong rumor that Sergio Massa would not continue as head of the Ministry of Economy and hand in hand with his departure there was a plan that included a strong devaluation. The one who ended up leaving was the head of advisers to President Alberto Fernández, Antonio Aracre, marked as the one who had “operated” against the head of the Palace of Finance.
That meant that almost the entire week, in addition to having climbed close to 10%, each day was charged with tension. And the corollary was the announcement made last Friday by President Alberto Fernández not to seek re-election: the market took note and that same day it rose 14 pesos to close at $442.
Regarding financial dollars, the Cash with Settlement (CCL) rose 0.7% and traded at $458.38, while the stock dollar or MEP rose 1.7% and traded at $445.12.
Meanwhile, the Argentine country risk was located at 2,639 basis points, according to the index prepared by JP Morgan.
