After the short honeymoon of agriculture, why investors have once again turned alert

With yesterday's purchases in the Free Foreign Exchange Market, the Treasury would be just USD 200 million away from recovering the USD 1,110 million it sold last week to prevent the dollar price from exceeding the upper limit of the foreign exchange banking. Three consecutive days of purchases were enough to recover what was lost in the same period. But after ending the exemption of withholdings for the agricultural sector, there was a profit-taking by investors in bonds and stocks who, in addition, returned part of the dollars they sold to their portfolios. The causes of the movement should not only be sought in the natural correction that comes after a rebirth of the markets, but also coincided with a drop in interest rates and some took the opportunity to take profits in dollars. In addition, they continue to think that in December there would be a lifting of the currency restriction that will raise the value of the dollar. The external climate also did not help, where the ...