In turn, the MEP dollar fell $1.18 (0.4%) and closed at $293.33. Consequently, the spread with the official reached 91.9%. Since last Friday, it has accumulated a decrease of $6.16 (2.1%). “Pesos are missing”, operators agree when it comes to attributing the causes of the recent drop in financial exchange rates. But they also link the decline in the CCL and MEP with the retreat of the US currency in Brazil. The real rose 0.6% this Tuesday to 5.2488 units per dollar.
In the informal market, on the other hand, the blue dollar rebounded $3 to $290, according to the Ámbito survey. Thus, it narrowed the gap with the MEP to its lowest level in one month ($3.33).
This Monday the so-called System of Imports of the Argentine Republic (SIRA) came into force, a mechanism by which the Government seeks to restrict the sale of foreign currency. Within this framework, the BCRA managed to buy some US$21 million yesterday, which is added to the US$23 million bought the day before. So far this month the balance is negative by about US$250 million.
Source: Ambito
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