the gap fell to a minimum in six weeks and the Central bought again

the gap fell to a minimum in six weeks and the Central bought again

For its part, the MEP -also valued with the Global 2030- lost 0.8% to $207.04, and the spread with the wholesaler was established at 72.3%, a minimum in a month and a half.

Financial dollars slowed sharply in May. The CCL rose 1.7% in the last 30 days. For its part, the MEP rose 0.7% in the month. It happened after the CCL rose $16.68 (+8.8%) in April, while the MEP added $15.43 (+8.1%) last month.

Dolar blue

For its part, the blue dollar closed stable and remained the “cheapest” retail exchange rate in the market, according to a survey by Ámbito in Buenos Aires caves.

The informal price ended unchanged at $206, after trading for much of the day at $205, its lowest value in two weeks.

official market

Yesterday, the retail exchange rate -without taxes- recorded its lowest daily rise since the end of April, increasing seven cents to $125.95 for sale, according to the average in the main entities of the financial system, while in the Banco Nation the ticket remained unchanged at $125.25 for sale.

The savings or solidarity dollar -which includes 30% of the COUNTRY tax and 35% deductible from Earnings- increased 12 cents to $207.82 on average, with which it operated for the fourth consecutive day above the blue. In addition, it exceeded the value of the MEP dollar, after the fall of this stock price.

Finally, the wholesale dollar, which is directly regulated by the BCRA, rose 14 cents to $120.46.

In this context, the Central Bank cut a mini-selling streak in the foreign exchange market, and was able to buy a little over US$10 million in net form, according to market sources told Ámbito. Between Tuesday and Wednesday of this week, the monetary authority had sold more than US$200 million, which complicated the reserve target agreed upon with the IMF for the second quarter of the year.

By the end of June, the agreement with the Fund states that the BCRA must add US$4.1 billion compared to December’s level.

Source: Ambito

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