The Central Bank bought US $ 45 million in the market and raised US $ 1.1 billion this year

Without external reference due to a holiday in the United States that kept banks and stock markets of that country closedthe Central Bank started the week on the right foot. He bought US $ 45 million on the exchange market and so on add US $ 980 million when only one tire is left to end the month of May.

Last week, international reserves were impacted by heavy energy payments, but the Central Bank could end up with a positive balance of US $ 170 million, after buying US $ 60 million on Friday. This is the best month for the financial authority since May last year, but even so, this record is far from that milestone, because at that time has bought $ 2.1 billion.

“Despite the excellent foreign exchange liquidation conducted by agriculture, the BCRA has not accumulated dollars in one of the last months of the intense harvest,” Cohen analysts said, adding: “One of the main reasons why the BCRA does not manage to accumulate more foreign money has to do with the promises of payments related to the energy sector, seeking to cope with increasing demand in the winter “.

On Monday, the Central Bank allowed the official exchange rate to run until $ 120.01 in the wholesale segment. “Despite today’s holiday in the US, the volume traded is more important than typically recorded on similar days,” said Gustavo Quintana, from PR Corredores de Cambios.

“The exchange rate adjustment registered today pays off, as at the beginning of the week, the days without activity for the weekend and the same as Monday of the previous week,” the operator added.

Meanwhile, in the informal segment The blue dollar continued its upward path, rising $ 0.5 and reaching $ 207. Not counting the record the greenback reached in the free market in January, the currency is almost frozen so far this year. In the City, they believe that if the Government fails to meet the objectives agreed upon in the Monetary Fund, it could “wake up”.

In the financial segment, cash with liquidation has climbed and reached $ 212.13; while the MEP dollar, or stock market, has been up and running on a negative trend: it has fallen 0.6% and closed at $ 209.5.