NewzOn Monday in Buenos Aires, Argentina, the wholesale dollar exchange rate declined by one peso to 1,507.50 pesos. Trading volume in the spot segment dropped to USD 494.2 million, marking a decrease of approximately USD 340 million compared to the previous Friday.
Despite the lower trading volume, the available market supply proved sufficient to keep the wholesale dollar contained. The resulting market conditions widened the gap between the exchange rate and the upper limit of the currency band to its largest margin in 16 months.
In-depth summary · AI, neutral