In the first week of Milei’s government, the Central Bank bought another US$ 757 million

2023-12-15 20:47:20

During the first week of Javier Milei’s Government, the Central Bank of the Argentine Republic accumulated purchases for US$ 757 million dollars and international reserves rose to US$ 21,450 millionfollowing having drilled the US$ 20 billion floor.

In the wheel of this Friday, the monetary authority took US$207 millionaccording to official information.

He dollar at Banco Nación closed at $801.10 with a total operation for US$299 million.

“A large part of these US$299 million were traded at the end of the wheel, with a little more supply appearing, which allowed the BCRA to buy,” ABC Mercados noted.

The consultant indicated that “the Import payments continue to be stopped and definitions are expected in the coming days in order to clarify how they will be released.”

“Regarding new imports and according to the adjustments of the com. At 7917 from the BCRA, it is estimated that there will still be a few days left to begin to see the appearance of this demand, how it impacts the market and whether it will leave purchasing margin for the monetary entity,” warned ABC Mercados.


How the different dollar variables were quoted


For its part, the average dollar in banking institutions was located at 834.40, while the wholesale culminated in $810.

With these reference values, the card dollar was $1,313.60.

Meanwhile, the parallel dollar fell another $20 and ended the week at $920 for purchase and $970 for sale.

In turn, the MEP dollar is trading on the edge of $1,000, while the CCL is worth $999.53.


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