Tuesday , April 7 2020
Home / chile / Dollar in Argentina on Monday, April 29, 2019 | exchange rate | Argentine Peso | BCRA | Argentina | economy | markets

Dollar in Argentina on Monday, April 29, 2019 | exchange rate | Argentine Peso | BCRA | Argentina | economy | markets



[ad_1]

exchange rate He worked down in early trading on Monday after the Central Bank of Argentina (BCRA) Announced a series of measures aimed at preventing the further strengthening of dollar.

dollar in the interbank and wholesale areas depreciated by 2.11% to 45.00 Argentine peso per dollar at 10:18 am EST (1318 GMT), against the holes, which recorded a value of 44450 units for sale, and compared with 45.95 late Friday.

Lima 2019: Athletes arrive auspices?

American Airlines reduces forecast for 2019, after the impact of a Boeing 737 Max

The central bank said it may sell dollars if exchange rate limited below the expected weight of 51.448 per unit and will grow from $ 150 to $ 250 million for & # 39; dollars daily sales volume.

The company did not specify how frequency or amounts intervene in the market, if they deem it necessary.

"The central bank should strengthen the deterrent bias of monetary policy meddling exchange rate more aggressively to reduce the amount of pesos and thus to contribute to the proper functioning of the market, "said a company statement.

It is worth noting that the dollar accumulates growth of 16.22% this year.

[ad_2]
Source link