he exchange rate from dollar a Argentina It was trading down this Sunday to the repurchase of investor positions in search of cutting losses accumulated in the year, with a June that closes with encouraging profits based on a dollar Controlled, said operators.
They added that, similarly, this optimism should be taken cautiously in the face of the uncertainty generated by the presidential elections in the country, with primary in August and generals in October, with a president in Search for a complicated re-election due to high inflation and the economic downturn.
he dollar interbank or wholesaler was depreciated 0.42%, to 42.54 Argentine pesos by green bill, to lose in the first month 5.20% against an abrupt rise of 15.75% in the first five months of the year .
Meanwhile, the US currency in the informal band has fallen back 0.91% to 43.80 units with a small number of annotations.
Meanwhile, the president of United States, Donald TrumpHe said Friday he did not promise to his Chinese couple, Xi Jinping, Alleviate the rise of tariffs to the commercial war He faces them, though he indicated that he felt that the negotiations would be productive.
In the stock market, the S & P Merval stock market index of Buenos Aires was up 0.20%, at 41,185 units, at 13:00 local time (1600 GMT), against the intraday record at 41,478.15 points Tuesday last week. The stock market accumulates in June an increase of 21.8% in pesos.
"June started very well for all financial assets, especially for dollar bonds and shares. In recent days, there was some dissociation between the dollar and the interest rate – which was lowering at a faster rate (…) at the Leliq rate near the floor established for the month, "said Matías Roig, an analyst at the Personal Inversions Portfolio.
The Argentine country risk, made by the bank JP.Morgan, Lowered 15 units to 841 basis points, compared to a level of 1,014 intraday points recorded at the beginning of the month, its highest value since February 2014.
Thus, good sovereign debtors improved by 0.6% on average, after an increase of 1.0% on Thursday. The dollar-nominated roles headed the buyer preferences.