Macroeconomy/Finance

BCRA exchange rate and international reserves data

In the stock market, the implicit exchange rates reached over 88 pesos while the wholesale dollar closed with a slight rise, due to the regulation of the Central Bank. The liquidation counted dollar (CCL) – obtained from the purchase and sale of shares or bonds to escape foreign currency – rose by 1 peso to 87.92 pesos, with which the gap with the official one climbed to 36.2%. In the Single Market and Free Exchange (MULC), the currency rose just six cents (0.1%) to 64.53 pesos. After increasing 3.6% during March, the tourist dollar – which carries the 30% surcharge for the Country Tax – appreciated four cents to 86.59 pesos. The BCRA’s International Reserves rose this Wednesday $4 million to $43.6 billion. In March, the monetary authority’s coffers lost $1.2 billion.

Source: Ámbito

Categories: Macroeconomy/Finance