This Wednesday, in the official exchange market, the most significant purchase was recorded in almost six months, reaching a net amount of u$s 245 million. Despite this operation, the gross reserves of the Central Bank increased by only u$s 62 million, once again surpassing u$s 30,000 million, closing at u$s 30,023 million at the end of the day.
According to preliminary data from the Central Bank, the positive result of this Wednesday elevates the total for November to u$s 806 million, largely driven by higher dollar settlements in the official exchange market. This is considered a surprising result for this time of year, where the seasonal decline in foreign exchange income usually impacts the market.
During the purchase day, with a traded volume of u$s 415.7 million, the official wholesale exchange rate increased by $0.5 to finish at 999 pesos. Meanwhile, the MEP dollar and the cash with settlement closed at values below $1122 and $1159, respectively, showing decreases of up to 0.6%. On the other hand, the blue dollar rose by 0.4%, trading at $1120 for buying and $1140 for selling.
Financial expert Gustavo Quintana highlights that "with the purchases made during this day, the Central Bank continues to strengthen its reserves in the official exchange market."
