At the beginning of the week, the blue dollar was up one peso and he finished the day at $294. Meanwhile, the US currency was up 50 cents and closed at $167.50.
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Chicago coarse grains are down on a strengthening dollar and lower Chinese demand
A strong dollar and weak Chinese demand caused Chicago coarse beans to close lower today. In turn, the Ukrainian grain broker’s lack of certainty favored wheat, which ended up with gains in most positions.
Soybeans lost up to $5 per ton and settled at $529.76 after learning of more cases of Covid-19 in China and restrictions imposed in that country resulting in lower demand , raising concerns about the evolution of US bean exports. Read more.
The blue dollar closed this Monday at $294
The US currency in the parallel market gained weight at the beginning of the week.
Meanwhile, the price on the Banco Nación boards, which are for sale, rose by 50 cents at the beginning of the week.
Source: Clarin
