The dollar broke the barrier of 4,500 pesos and continued long

The dollar confirmed it: its days of losses and going down are already part of the past, at least for now. This Wednesday, April 19, He broke the barrier of 4,500 pesos and continued long.

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The currency opened at 4,525.50 and throughout the day it did not trade at less than 4,500 pesos: its minimum price was 4,510.10 pesos.

It also registered values ​​such as 4,510.22, 4,512.17, 4,522, 4,529, 4,535.48, 4,538.48, 4,539.15, 4,542.90 and 4,552 pesos. And the highest value of the day was 4,560

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At the end of the day, its average trading price was 4,532.58 pesos, 59.51 pesos more than the Representative Market Rate (TRM) of the day, which is 4,473.07 pesos.

After several weeks down and after losing 145 pesos between April 10 and 14, the US currency inverted the curve and is now registering increases.

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According to experts, the minimum value that the dollar could reach would be 4,200 pesos, but they also said that a rebound effect would be generated and the dollar would rise again.

Some factors that would reverse the upward price curve, in the short term, are associated with macroeconomic scenarios, uncertainty in internal political measures that would generate a country risk and external situations, as new measures of the Fed or bearish values ​​in ‘commodities’ (oil).

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