Due to the Carnival holidays, the buying and selling of dollars will only be possible through exchange houses that choose to open their doors during this Monday and Tuesday. Last Friday's closing showed values of $1,210 for buying and $1,230 for selling, but greater volatility in the quotations is expected due to the limited transaction supply during these festive days. Prices are estimated to fluctuate between $1,200 and exceed $1,240, with a gap of more than $40 between both.
According to analysts, these values may fluctuate throughout the day, especially after the president's announcement in the Legislative Assembly regarding a possible agreement with the IMF that needs Congressional approval. This situation creates uncertainty in the future economic scenario, as some resistance from the Government is expected to approve the new program.
During this two-day holiday period, it will not be possible to carry out transactions for buying or selling financial dollars through banking platforms, and the Single and Free Exchange Market (MULC) managed by the Central Bank (BCRA) will remain inactive. Although the BCRA was able to acquire US$1.436 billion during February, reserves have decreased to US$27.995 billion, mainly due to debt payments made during that period.
