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The dollar today: the year ends with a sharp fall, and the country risk falls – 12/28/2008



dollar today He began the last working day of the year in retreat and thus adds his second loss in a row. While in the retail market, he gave 70 cents at Banco Nación, at a price of $ 38.60, from a wholesaler (which is subsequently copied at a retail store) He fell 56 cents to $ 37.75.

country riskto the same extent a variable that follows the dynamics of Argentine bonds abroad and is closely monitored by analysts, it falls by 1.91% to 821 points. This means that Argentina must pay 8.35 points more than US Treasury bonds to get debt.

On Thursday, the currency also fell income from abroad this led to lower prices, which gradually moved away from the high of the week, ”says Gustavo Quintana, a public relations worker for Corredores de Cambio.

Peso ends year worst performance between emerging market currencies, according to Bloomberg. It was devalued by 30%. The Turkish Lira, which was another currency that lost a lot this year, lost 12.92%, far from the Argentine peso.


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