For the 20th day in a row, this Monday the price of the dollar fell in the Monex wholesale market. It closed the session at ¢571, the lowest price of 2019, which the currency had not seen for 11 months.
During this month, the fall is approximately ¢10 in this market.
On the other hand, in the windows of financial institutions, the price is around ¢578, also one of the lowest of the year.
The market is currently expecting the US Federal Reserve to lower its interest rates for the first time in 10 years and the announcement would be official this week, which, added to the arrival of the Eurobonds, would cause the exchange rate to Keep going down.
In addition, there is less demand for this currency and therefore, the price tends to fall.