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Exchange rate: How much does the dollar cost you in the banks at the close of this Tuesday, September 22?

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Exchange rate closed at S / 3.55 during the day of this Tuesday, September 22, according to Central Reserve Bank (BCR).

In banks the average price was S / 3.49 the purchase and S / 3.60 the sale of each green ticket.

The financial institution that registered a higher price for the sale was Scotiabank with a quote of S / 3,655.

While in the parallel market or the street, the moneychangers traded the dollar at S / 3.54 the purchase and S / 3.565 the sale approximately.

On this day, Bloomberg indicates that a slight drop of 0.05%, keeping the currency at a practically stable level compared to the last exchange session.

According to Reuters, investors today continued to be attentive to the measures implemented in several countries to contain the increase in cases of coronavirus that on Monday caused a sharp setback in world markets.

Despite the rebound registered yesterday the dollar its advance moderated and shares showed a slight increase.

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New wave of Covid-19 and bank data leak caused losses of up to 8% in world markets

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In this context, the shares of the “old continent” registered their worst fall in three months on Monday. The Frankfurt Stock Exchange fell 4.4%; Milan and Paris fell 3.7%, while Madrid sank 3.4%, as did London. The pan-European STOXX 600 index fell 3.2%, a decline not seen since the beginning of June.

On concerns about new infections, the travel and leisure index collapsed 5.2%, accumulating its worst two-day decline since April, with airlines such as IAG – which owns British Airway – plummeting 12.1%. In addition, Lufthansa plunged 9.5% after further cutting its fleet and workforce due to the coronavirus crisis.

Parallel, European banks fell 5.7% to hover around record lows after a joint report by 108 media outlets warned of a possible link between entities such as HSBC and Deutsche Bank with astronomical amounts of “dirty money.”

These documents refer to some 2 trillion dollars (1.7 trillion euros) of transactions between 1999 and 2017 originating from drugs and criminal acts, and even from embezzled fortunes in developing countries.

For its part, on Wall Street, the Dow Jones Industrial Average fell 1.8% to 27,147.7 units; the S&P 500 lost 1.2% to 3,281.06 units and the Nasdaq Composite was down 0.1% to 10,778.80 units.

Given this climate, the CBOE volatility index of the market (VIX), a measure of investor anxiety, soared to its highest level in nearly two weeks.

The death of US Supreme Court Justice Ruth Bader Ginsburg also made it less likely that another stimulus package will pass through Congress before the November 3 presidential election, aid that remains “stalemate.” for three months.

This caused big falls in the health sector. Healthcare providers came under pressure from uncertainty about the fate of the Affordable Care Act (ACA), better known as Obamacare, with Universal Health Services shares falling sharply.

Dollar

Faced with uncertainty, the dollar rose after two weeks of declines. “What we are seeing with the dollar is a bet on a safe haven without risk,” said Erik Bregar, head of foreign exchange strategy at the Exchange Bank of Canada in Toronto, adding that the trigger was fear in European morning trading of a new confinement in the United Kingdom due to the coronavirus.

The dollar index, which compares the greenback with six prominent currencies, was up 0.85% to 93.297 units, while the euro lost 0.9% to $ 1.1734, the yen weakened 0.1 %, to 104.70 units per dollar, and the pound sterling lost 0.9%, to 1.2797 dollars.

Metals

Gold and other metals suffered sharp declines, affected by an appreciation of the dollar, in a week in which investors will be watching the speeches of the authorities of the Federal Reserve in search of clues on more stimulus measures to revive a economy hit by coronavirus.

Gold lost 2.1% to $ 1,909.05 an ounce, after hitting its lowest value since Aug. 12 earlier. Prices fell almost 10% from an all-time high reached at the beginning of last month, due to a drop in hopes for new stimuli.

“Gold should be trading higher with safe haven demand, but it’s kind of a repeat as in the spring when the market sell-off, participants have been selling assets across the board,” said Bob Haberkorn, strategist Market Senior at RJO Futures

More strongly, spot silver collapsed 8.3% to $ 24.53, its lowest level in more than a month.

Petroleum

Oil prices fell sharply due to the return of Libyan exports and fear of a new confinement due to the outbreaks of coronavirus, which would be disastrous for demand.

WTI’s barrel for October delivery lost 4.4% compared to the close on Friday and closed at $ 39.31. For its part, that of Brent from the North Sea for delivery in November fell 4% in London and ended the day at US $ 41.44.

The Libyan National Petroleum Company (NOC) announced on Saturday the resumption of crude oil production and exports in Libya at “safe” sites.

This news came the day after the Marshal who controls the east of the country, Khalifa Haftar, announced the lifting, under conditions, of the eight-month blockade imposed by his forces.

Grain

The futures of soybeans, wheat and corn collapsed this Monday in the Chicago Market, due to sales of investment funds in this context of risk aversion by the new wave of infections.

Despite sustained demand from China, soybeans suffered a loss of more than 2%, their biggest daily decline since April 1. It should be remembered that the strong demand from the Asian giant took the oilseed to its highest level in more than two years last week.

In the meantime, Wheat decreased 3.5% (US $ 7.44) and closed at US $ 203.84 per ton, in what was its largest daily percentage drop since August 2019.

Argentine assets

Amid this scenario, the S&P stock index Merval de Bolsas y Mercados Argentinos (BYMA) began on Monday with a drop of 4% but then attenuated falls to 1.8% due to the rise of the CCL dollar, which touched $ 140 and brought the exchange gap with the official dollar to 85 %, which reflects that the expectations of devaluation of the peso are still latent.

In the fixed income segment, the new bonds they closed with losses of up to 3.3%, as reflected by the decline in Bonar 2035. Sovereign bonds accumulated a loss of up to 13% last week.

In New York, the falls were more pronounced, something that was reflected in Argentine country risk, which rose 6.4% to 1,348 basis points, compared to the 1,083 basis points recorded on September 10 after reconfiguring with the new bonds.

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Dollar today: how much it closed this Monday, September 21

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Applying the 30% PAIS tax, the currency amounted to $ 103.62. Additionally, due to the 35% withholding on account of Income and Personal Property taxes, the “joint venture” closed at $ 131.52.

In relation to the possibility of acquiring the so-called savings dollar, the Anses reported that banking entities can check if a person is a beneficiary of a social plan through the negative certification website on the page of the pension unit, to give compliance with the regulations of the Central Bank in this regard.

The Central Bank, through communication “A” 7105 determined that Banks will not be able to open a savings bank in foreign currency to operate in foreign currency for people who are beneficiaries of a plan or program characterized as social assistance, including food subsidies..

For its part, The wholesale dollar advanced 21 cents to $ 75.59, offsetting the inactivity of the weekend, coupled with the official regulation price that the Central Bank sets daily in its usual selling position.

One of the main concerns is that, despite the tourniquet that was made to the stocks, the BCRA continued to lose dollars in the last days of the week: on Friday the 18th, the gross reserves stood at US $ 42,433 million, that is, US $ 40 million less than those on Thursday. The loss was $ 88 if compared to Wednesday.

Although this Monday, according to private sources, the entity led by Miguel Pesce was able to end the day with a positive balance, the Gross International Reserves fell US $ 185 million to US $ 42,248 million.

Roberto Geretto, an economist at Banco CMF, stressed that this week “attention will continue to be on the exchange rate, where the BCRA continues to lose reserves despite the larger stocks. The current exchange rate scheme will in the best of cases avoid a fall in reserves, but not an increase in them. “

From the consulting firm VatNet Research, they indicated that “after deciding the measures, the new scheme could last a while, which would be verified if liquid reserves accumulate.” They added: “The big question is the exchange rate. Due to the trade surplus, the current price looks reasonable, but not because of the convertibility ratio. Perhaps the practical way to solve it would be to accelerate the pace of the devaluation of the peso.”

Regarding the situation of the companies, a realignment is expected given that the amount allowed to access the exchange market was limited to 40% of their debt. Due, for the remaining 60%, submit a refinancing or restructuring plan to the market.

“This restriction had a negative impact on the prospects of local companies, which had already been hit hard by the difficult context, and clearly affects any investment and financing expectations. In fact, the measures complicate access to external financing from the private sector, and are one more sign of the strong presence of the State, “they commented from the consulting firm PPI.

“There are several companies that have already exchanged part of their debts in recent months and others that are currently in restructuring processes. Obviously, after these measures, we will begin to see corporate swaps on a more recurring basis, “they added.

As a reference, the risk rating agency Moody’s indicated that the pandemic and the country’s fragile economic situation problems for corporate credit will increase in most sectors of the economy at least until mid-2021.

The rating agency pointed out that the restructuring of the debt with external creditors could provide some relief to the situation, but they clarify that the government’s fiscal accounts limit the ability to support the business sector.

On the other hand, the economist Gustavo Ber pointed out that “financial dollars continue to readjust upward since the operators continue to be more inclined towards caution, and therefore the search for coverage, accompanying the pronounced weakness that financial assets have been suffering“.

The CCL gap with the dollar closed the day at 85% while the MEP presented a spread of 73.3%.

Wholesale dollar

The dollar began the week with a new advance in the wholesale segment, in a round with a selling tone but always respecting the fluctuation band established by the Central Bank.

The highs were noted at the start at $ 75.59. The supply of foreign currency intensified throughout the day, fluently supplying authorized purchase orders. The excess supply available, in this framework, was absorbed by official activity with purchases in the sector where banks and companies operate and that at the same time they defended the price when it touched minimum at $ 75.58. The volume traded amounted to US $ 213 million.

The usual private market sources estimated that the positive balance of the Central Bank exceeded US $ 50 million, approximately.

“With the demand for foreign currency diluted due to the effect of the greater exchange rate lock, the scenario presented a very favorable outlook for the official regulation who, through purchases, absorbed the excess supply available, recovering part of the resources used in the previous rounds to meet the unsatisfied demand“, highlighted the analyst Gustavo Quintana.

In turn, “as a result of regulation and normative restrictions, the local market did not accept external nervousness and volatility, maintaining a behavior from which it has not deviated for several months“.

Blue Dollar

In a market with few operations, the blue dollar went up $ 1 to $ 141 for sale, accumulating a $ 10 advance from last week, as a reaction to the measures launched by the Central Bank, AFIP, and the CNV to discourage the demand for Dollars in the official market.

He Parallel ticket, which came off three consecutive weekly drops, posted an escalation of $ 9 last week, driven by the greater restrictions to operate in the official market.

In this way, the gap with the wholesale official ended the week at 86.5%, after exceeding 92% last Wednesday. The spread between the two quotes reached a maximum of 104% in mid-May.

The BCRA, together with the CNV and AFIP, on Tuesday tightened access to the official exchange market for consumption abroad, purchases of foreign currency for savings and exchange operations with bonds, in order to protect the battered reserves.

Most analysts maintain that these measures will ease the pressure on reserves in the short term but are not sustainable in the long term and could cause an increase in exchange rate gaps, since devaluation expectations remain latent but the possibilities of accessing the official market are lower.

Fees

In the ROFEX futures market, US $ 142 million were traded. The terms remained stable in their prices. The BCRA maintains its dissuasive positions. End of September ended with a rate of 31.12%; October at 35.61%.

End of the year at $ 84.88 with a TNA of 44.41%. The open contract positions, totaled the sum of 4.810 million dollars.

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Markets: The exchange rate closed higher on Monday, given a greater aversion to the r

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The price of the dollar in Peru closed higher at the beginning of the week, in line with regional currencies, and due to a greater aversion to risk due to the increase in COVID-19 cases.

The exchange rate rose to S / 3,553, an increase of 0.79% compared to Friday’s closing, according to data from the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates an increase of 7.21% compared to the end of 2019, at S / 3,314.

On the other hand, in the parallel market or the main exchange houses, the dollar was bought at S / 3,542 and sold at S / 3,567, according to the portal .

At the regional level, most of the currencies and stock exchanges in Latin America increased their losses at mid-day on Monday amid a rise in the dollar and greater aversion to risk assets due to the increase in new cases of coronavirus in several countries, which that sowed uncertainty about the economy’s recovery, Reuters said.

As of Monday, 30.8 million coronavirus cases were confirmed worldwide and 954,430 people died, according to a tally by the news agency.

Meanwhile, the dollar index, which measures the US currency against a basket of six major currencies, climbed 0.67%.

Investor uncertainty also pointed to the ability of the United States Congress to reach an agreement and approve new fiscal stimuli to deal with the economic ravages of the pandemic.

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Dollar today | Price of the dollar today in Colombia September 21, 2020 | Finance | Economy

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Briefcase

The US currency rose on Monday in the Colombian market. See how was their behavior on the day.

The dollar in Colombia starts the week with a strong rise in the market.

EFE

BY:

September 21, 2020 – 08:38 am

2020-09-21

2020-09-21





The dollar in Colombia started the week with a strong rise in the market. According to the Stock Market, the foreign currency appreciated 65 pesos on Monday.

At the close of the session, The US currency is trading at an average price of $ 3,790. The TRM of the day for today was $ 3,725. The minimum price is $ 3,773 and the maximum is $ 3,802.

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Exchange rate: What is the price of the dollar at the close of today, Monday, September 21? | Dollar | Dolar Today | BCR

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The price of dollar in Peru it closed higher at the beginning of the week, in line with regional currencies, and due to a greater aversion to risk due to the increase in cases of COVID-19.

This Monday 21 of September, he dollar it closed at a price of S / 3,553 at the interbank level, according to the Central Reserve Bank. That is to say, an increase of 0.79% compared to the close of Friday, according to data from Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a 7.21% increase compared to the end of 2019, at S / 3,314.

On the other hand, in the parallel market or the main exchange houses, the dollar was bought at S / 3,542 and it was sold for S / 3,567, according to the portal cuantoestaeldolar.pe.

In the regional field, most coins and bags of Latin America increased its part-time losses Monday amid a rise in the dollar and greater aversion to risk assets due to the increase in new cases of coronavirus in several countries, which sowed uncertainty on the economy’s recovery, Reuters said.

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The Government revealed its projections of the dollar for 2021, 2022 and 2023

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Parallel, By the end of 2022, a dollar is estimated at $ 124.80 and by 2023 the greenback would reach $ 146.60, according to the numbers presented in the Budget. The ruling party intends to contract the rate of devaluation over time, in line with a slowdown in price increases, in order to maintain a competitive real exchange rate.

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The consulting firms and financial entities that participated in the last Market Expectations Survey (REM) of the Central Bank (BCRA), estimated a dollar at $ 84.3 by the end of 2020. Meanwhile, the projections for December 2021 yielded a value of $ 122 per dollar, a figure well above what the government hopes to achieve.

The economic team led by Martín Guzmán is alarmed by the fact that in recent months the monetary authority lost a significant amount of reserves to sustain the value of the official exchange rate. So far in September, the BCRA has disbursed close to US $ 900 million.

In this sense, on this day, AFIP reported that it will add a 35% tax on the purchase of “savings dollar”, being able to deduct that amount from the income tax payments.

Additionally, the Central formally maintained the quota of US $ 200 but decided that purchases made with a credit card abroad will be deducted from that quota and will also be covered by the 35% tax.

In presenting the Budget, the Government highlighted that one of its main objectives is “to promote economic recovery with an expansive fiscal policy scheme and a State that plays a fundamental role in protecting the most vulnerable sectors, encouraging the domestic market and boosting growth in production and exports “.

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Price of the dollar today Monday, September 21

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Mexico City /

When starting operations the dollar price today Monday is up to 21.88 pesos in banks. Meanwhile, the exchange rate Interbank exchange rate stands at 21.46 pesos per dollar, with a loss of 1.58 percent, after last week it posted its best closing level since March 10, at 20.85 units.

Citibanamex sell the dollar at 21.88 pesos, while BBVA Mexico does it at 21.74 pesos, Banorte at 21.30, Santander at 21.14 and Azteca Bank in 21.34 units.

He weight Mexican loses to a strength of the dollar due to a wave of greater aversion to risk before the increase in new cases of coronavirus SARS-CoV-2 in several countries, raising concerns about the global recovery.

How is the exchange rate going?

The Mexican peso registers “a significant depreciation” and ranks as the second most depreciated currency in the wide basket of main crosses against the dollar, behind the South African rand.

According to a report by Banco Base, most currencies lose against the dollar due to a clear return of risk aversion in global financial markets due to fears related to the coronavirus pandemic.

“The volatility of the markets may also be related to the death of the Justice of the Supreme Court in the United States, Ruth Ginsburg, because now there is uncertainty about how this could impact the elections,” he added.

Dollar in real time

He euro It is sold at the window for a maximum of 25.74 pesos and is bought up to 25.25 pesos. For its part, libra Sterling is offered at 27.45 pesos and purchased at 27.53 pesos.

The Bank of Mexico (Banxico) registered the previous session an exchange rate of 20.96 pesos per dollar.

With information from Reuters

GGA

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Closing price of the dollar today September 18, 2020 | Exchange rate

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Mexico City /

The peso traded at 21.10 units per dollar near the close of the session, with a loss of 1.21 percent compared to the reference price on Thursday, when it scored its best closing level since March 10, at 20.85 units and added its sixth consecutive weekly rise.

Dollar in bacos

In banks, the US currency was offered up to 21.52 pesos, as is the case of Citibanamex. Meanwhile, in BBVA Mexico He did it at 21.37 pesos and Banorte at 21.30 units.

The peso hadn’t posted as many weekly gains in a row since a nine-week streak of gains it made between December 2018 and January 2019.

Banco Base explained that the rise in the peso is due, in part, to the weakening of the dollar due to the monetary policy of the Federal Reserve, which is expected to maintain a broadly accommodative stance at least until 2023, as the economic recovery is expected to be slow.

“Technically it is already at oversold levels, which would indicate a setback in the short term, however, the excess of dollars in the world and the Mexican rate levels, which are still attractive to investors, have kept the peso revalued in these weeks, “Intercam analysts said.

Real time dollar

In the local debt market, the 10-year bond yield rose four basis points to 5.69 percent, while the 20-year rate added two to 6.62 percent.

With information from Reuters …

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Medicine intern commits suicide in a Yucatan clinic

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TAHDZIÚ, Yuc. (apro) .- The State Secretary of Health (SSY) confirmed the suicide of a young medical intern at the Medical Unit of this town.

The victim, identified with the initials KJGK, 25 years old, was originally from Mérida, and for about a month she was assigned by the Institute of Health and Wellbeing (Insabi) to the clinic in this municipality, one of the poorest from the continent, where until yesterday he was seen working.

This morning, employees of the health center found the young woman dead, suspended from the ventilator in her office, for which they gave notice to the authorities of the Ministry of Health and the State Attorney General’s Office (FGE).

In a bulletin, the SSY regretted the fact and pointed out that, with the support of Mental Health professionals from the dependency, they carry out comprehensive actions to support family members, “who will be given the necessary help to carry out the procedures corresponding to the State Attorney General’s Office, where the rigorous legal procedure will be given.

So far the reasons for the suicide are unknown.

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