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Price of the dollar in Argentina for today Saturday, May 18, 2019 | Exchange Rates | Argentine peso | BCRA | Argentina | Privacy Policy | Markets



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O exchange rate of dollar in Argentina It is this Saturday that profit goes after optimistic days for a more benevolent April inflation, in times of tension for the presidential race in October, amid a recessionary economy.

O dollar wholesaler appreciated 0.36% to 44.96 Argentine pesos per dollar, in a predictable readjustment due to the recent firmness of the American currency in the global markets.

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On the other hand, the foreign currency in the marginal band gained 0.11%, to 46.05 units, traders said, in a context with a slight fall in the Leliq rate.

The financial market was also readjusted to guarantee liquidity after placing Treasury bonds in foreign currency on Thursday at $ 1.202 billion, at a rate of 4.25% per year.

The drop in the retail price index would help the president's re-election aspirations Mauricio Macri, which faces daily social unrest and financial market adversity. Inflation for the fourth month of the year was 3.4%, against a forecast of 4.0% in Reuters research and 4.7% in March.

The S & P Merval index of Buenos Aires lost 1.41% to 33,415.75 points at 13:10 (1610 GMT) after a bullish rise and after accumulating a 5.01% increase over the previous three sessions . With a cost of living of 55.8% in relation to the previous year, the inflation adjustment was automatically applied in the balance sheets of companies, closing on April 30.

Over-the-counter (OTC) securities lost 0.7% on average, with sales led by highly liquid paper. In turn, the Argentine country risk prepared by JP Morgan bank rose 13 units to 932 basis points, while on Thursday fell to 903 units.

"It is important that after three months in which inflation has increased compared to the previous month, in April it began to fall," Finance Minister Nicolas Dujovne said in radio statements.

"We are doing the right thing to lower the rate of inflation and to have a very tight fiscal policy … where the central bank no longer finances the Treasury, we have relative prices in equilibrium … and a kind of change competitive, "he added.

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