Dollar banknotes. Illustrative photo: pixabay.
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Both the blue dollar and the financial dollar rebounded on Tuesday. On the road, the ticket added $ 5 since its closing previous year and closed at $ 297, the highest in three weeks.
positive streak on the markets
The Argentine newspapers on Wall Street extended their winning streak, led by YPF’s ADR, which “flew” with 8.8%. After a presentation of financial statements that the market considered attractive, the state oil company is preparing to close the month with a profit of almost 40% in dollars.
With this support, the Buenos Aires stock market has risen 3.6% and accumulates an improvement of nearly 12% so far in August. The movement of Argentine financial assets contrasts with greater global pessimism, with the main Wall Street indicators closing down again.
The political context, with the request for conviction of Vice President Cristina Kirchner for the cause of corruption on the highways, can affect the mood of investors. In this regard, Francisco Mattig of Consultatio said: “The rebound in bonds and equities is remarkable, especially as the global environment has been quite adverse these days, with US equities having their worst day in several weeks on Monday.” –
The blue dollar rebounded on Tuesday and returned to $ 297, its highest in three weeks
The new measures to further restrict access to dollars for the import sector announced on Monday by the economic team had an impact on the parallel market, on a day marked by the country’s political agenda. Both the blue dollar and the financial dollar rebounded. On the way, the ticket added $ 5 since its previous close and ended at $ 297, the highest in three weeks. Read more.
Source: Clarin
