On the day, the financial dollar had a volatile behavior, but ended up for the first time in the week, in the face of a complex global economic scenario and doubts about the domestic future.
On the Stock Exchange, the Cash Settlement dollar (CCL) -operated with the Global 2030- rebounded 0.7% and closed at $307.62. The gap with the wholesale official exchange rate thus reached 109.5%.
For its part, the MEP dollar -valued with the Global 2030- rose 0.4% to $297.99. Thus, the spread with the official stood at around 102.9%.
In the informal market, on the other hand, the blue dollar closed unchanged at $290, although at the highest levels of September. After selling at $291 at the beginning of the day, the parallel dollar closed stable at $290, one day after climbing $4. Thus, the gap reached 98.2%. It should be remembered that the informal dollar has just registered its greatest weekly advance in two months: between Monday and Friday of last week it accumulated a rise of $10.
The financial attention at the local level revolves around the final days of the special regime for soybean exporters to sell their grains at a special exchange rate, to reinforce the hit reserves of the Central Bank (BCRA). Also yesterday, Minister Massa defended in Congress the 2023 budget project (see separate), an opportunity in which he argued that the Government seeks before the Paris Club to “extend terms, reduce the interest rate and alleviate payments” of the country before that organism. In addition, by the end of the first week of October, the board of the International Monetary Fund (IMF) is expected to approve the revision of the agreement with Argentina for the second quarter of the year, to unlock a disbursement of almost US$4,000 million.
Meanwhile, lower US Treasury yields and the announcement of bond purchases by the British Central Bank slightly eased concerns about a global recession, although the strength of the dollar affects the benchmark markets.
Quotes
The dollar -without taxes- rose 39 cents yesterday to $153.61 for sale, according to the average that emerges from the banks of the local financial system. At Banco Nación, meanwhile, the retail note increased 25 cents to $153 -without taxes-.
The currency for savings or solidarity dollar -which includes 30% of the PAIS tax and the deductible 35% of Income and Personal Property Tax- rose 64 cents to $253.46.
The tourist dollar or card -retailer plus PAIS Tax, and a perception of 45% deductible from Income Tax and Personal Assets- rose 68 cents to $268.82.
Finally, the wholesale dollar, which is directly regulated by the BCRA, increased 26 cents to $146.83.
Source: Ambito
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