Categories: Social Responsibility

The blue dollar closed the week stable and trading at $469

After a week with little volatility, in which the parallel currency rose to $474, the blue dollar closed the week at $469. Financial exchange rates were mixed.

The official currency, which accumulated four successive days of ascent, closed at $234. On the Buenos Aires Stock Exchange, the MEP or Stock Exchange dollar fell to $432.35 and Cash with Liquidation rose to $440.58. The tourist dollar closed at $472.04.

In a week in which the new provision of the CNV to operate with financial dollars debuted, the parallel currency, which last month reached $495, closed at the same value as the previous one.

For its part, the Central Bank closed the last day of the week with purchases for US$ 2 million. Accumulated sales reached US$ 274 million.

The agro-export sector entered foreign currency for US$ 111 million, totaling US$ 418 million in the week and in the 19 days that the Export Increase Program has been running, it accumulated an amount of US$ 2,031 million.

The shares rose driven by companies in the energy sector, after confirming that there will be a strong cut in subsidies in the sector’s tariffs.

The leading S&P Merval index gained 4.46%. Argentine bonds in dollars operated with a mixed trend, with increases of up to 3.5% and decreases of up to -2.4%. The country-risk was located at 2,576 points.

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Anna Edwards

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