translated from Spanish: After breaking the barrier of the $40 pesos, would continue to rise the dollar?

in a run that seems to have no end, the dollar continues to increase its value against the Argentine peso. In other words, the weight continued its depreciation and prospects are positive.

What is the weight to depreciate?

The depreciation of the currency is the loss of value of the currency of a country with respect to one or more foreign reference currencies.

Why keep the dollar rising?

Inflation: In the month of August it was 3.9% and is projected between 5% and 6% for September. Brazil, main trading partner: the political uncertainty and the devaluation of the real has a negative impact on our economy.

Llets: the tender of the Treasury bills was not the auspicious posed by the Government. Social uncertainty: “turbulence” last week adds the internment of the Minister Dujovne and rumors of dollarization. The episode of this week confirmed an increase of 44% North American currency so far of the month. If we take a last month, on 14 August the dollar closed at $29.80. Today, 14 September, gets to $40,10.

Original source in Spanish

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