The “blue” dollar rises and Argentine stocks collapse on Wall Street – News

The “blue” dollar rises and Argentine stocks collapse on Wall Street – News
The “blue” dollar rises and Argentine stocks collapse on Wall Street – News

The “blue” dollar opened this Tuesday at $1,245 for purchase and $1,265 for salewhich represents an increase of $30 compared to the day before.

Meanwhile, financial dollars show marked increases: the MEP climbs to $1,299 and cash with settlement to $1,330.

After the daily adjustment, the wholesale exchange rate is $897.50, meaning the gap with the parallel dollar is 38%. The value of the bill in Banco Nación is $916.50 and in the average of the banks it is $937.66.

The Central Bank bought US$59 million on Monday, accumulating US$2,685 in May. Gross reserves reach US$29,131 million.

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On the other hand, the Argentine stocks They fell more than 6% on Wall Street and the country risk was close to 1,500 basis points, after having also started the week on the decline.

Abroad, global bonds fell up to 1.3% at the opening and the risk country It increases 50 units to 1,464 points, a maximum value that has not been recorded since mid-March.

Shares collapsed more than 6% on Wall Street, while the main losses are for BBVA, YPF and Banco Supervielle.

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