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The parallel dollar deflates after the economic announcements: the blues and the financials go down

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The parallel dollar deflates after the economic announcements: the blues and the financials go down

Liquidated Cash, which traded above $ 300, drops to $ 295.87%.

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Just as the market expectedconfirmation of the incorporation of economist Gabriel Rubisntein into Sergio Massa’s team was needed deflate the dollar in the parallel market. Blue starts the week low, gives up $ 2, and trades at $ 293 after noon. Meanwhile, liquidity with liquidation, which traded above $ 300, fell to $ 295.87%.

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Parallel market movements oppose the dollar’s rise in the global currency basket.

PPI analysts explained prior to the opening of the exchanges: “The market has already discounted much of the Rubinstein effect as rumors have circulated about his hiring in the past two weeks. Although the arrival of a more orthodox official in Economics may bring some calm to the local market, the market is in “seeing is believing” mode.

“Acceleration of decision making is extremely necessary to set the economic course and to appease expectations,” they added in PPI.

While, in the wholesale segment, the dollar hosted $ 136.78, with an increase of 61 cents in the day. The exchange gap with the “blue” ones settled at 114.2%.

Economy Minister Sergio Massa presented a new money laundering for the construction sector this morning.

“The first goal is to transform dormant savings that are often not recycled before the treasury, into investment and work, it transforms those small savings of pesos or dollars that Argentines often keep in the face of uncertainty, mistrust “

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Source: Clarin

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