At the end of the first week of the year for the exchange market, The blue dollar marked a rise of one peso and closed at $354. In this way, the gap between the official exchange rate and the illegal one that is traded in clandestine caves is around the average 100%.
For its part, the retail dollar was sold at an average of $186.79, with an increase of 63 cents compared to the last record. Following the same curve, the dollar denominated savings traded at $308.27.
Meanwhile, in the stock market the dollar counted with liquidation fell 0.8% to $339.16, and the MEP dollar advanced 0.1% to $333.16. Finally, in the wholesale segment, the US currency settled at $179.24, an increase of 30 cents compared to Thursday.
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Financial markets
The S&P Merval index rose 2.37% and was located at 214,630.01 units following the half round in the Buenos Aires market, while the shares of Argentine companies on Wall Street advanced up to 4.9%. In the leading local panel, the papers of Grupo Financiero Galicia and Banco Macro registered increases of 5.43% and 3.83%, respectively.
Meanwhile, the ADRs of Argentine companies on the New York Stock Exchange marked the majority of gains, on a day in which Grupo Financiero Galicia led that batch with an increase of 4.9%.
In the fixed-income segment, bonds in dollars registered falls of up to 3.4%, while titles in pesos registered falls of up to 0.3%. In this framework, the risk country it increased 0.3% to settle at 2,124 basis points.
