All the instances of the exchange day this Thursday, in a live coverage.
He Dolar blue hill this Wednesday at $391 for salein the midst of market uncertainty due to the exchange of bonds in dollars for paper in pesos ordered for public organizations.
News in Development
United States: the Fed raised the interest rate 0.25 points
In one of the most difficult decisions it has had to make in recent years, the US Federal Reserve announced Wednesday that it is raising interest rates by 0.25 percentage points, a measure that sought a delicate balance between fighting inflation and at the same time face the turmoil in the banking and financial system in recent weeks. The rate is now in a range of 4.75%-5%.
Federal Reserve Chairman Jerome Powell and his colleagues were faced with the dilemma of raising interest rates again to bring down inflation — which remains high — or pausing without raising them amid the deepest banking crisis since 2008. , which caused the collapse of medium-sized banks in the United States and reached Europe with the earthquake at the Swiss giant Credit Suisse. Read more.
The criticism of the former head of the ANSeS of Cristina Kirchner to Massa’s measures: “They play roulette with the savings of retirees”
In the midst of criticism and questioning of the Government’s decision to sell ANSeS bonds in dollars to try to contain the bleeding of the Central Bank’s reserves, the former head of the organization during the presidency of Cristina Kirchner warned that the Minister of Economy, Sergio Massa, is “speculating with the patrimony of the retirees”.
This is Diego Bossio, the former K official who led the ANSeS between 2009 and 2015, who questioned that “between roosters and midnight” the decision to pesify “the dollar bonds of the Sustainability Guarantee Fund (FGS) of the ANSES”.
In the midst of the tension in the markets, the Government raised the rate and obtained additional financing in pesos
This Wednesday, in the midst of market uncertainty due to the exchange of bonds in dollars for papers in pesos ordered for public organizations, the Government closed a new debt tender in pesos, where it raised $416.5 billion and renewed 113% of expirations this week.
To get the banks to provide financing in pesos, the economic team raised the rate and took it to 123% per year.
In this way, the Treasury received 1,643 offers. “$367,000 million of debt from the National Treasury was due, we had offers for $664,000 million of nominal value and we accepted for $416,500 million,” Finance Secretary Eduardo Setti anticipated via Twitter. Read more.
The blue dollar closed Wednesday at $391
After a day in which it climbed $8, the blue dollar was down $3 this Wednesday and closed at $387 to buy and $391 to sell.
The official rose 50 cents this Tuesday and closed at $204.25 for purchase and $212.25 for sale at Banco Nación.