The blue dollar basted another downward wheel and accumulated a drop of $30 from its nominal record ($497), after the official interventions in recent days in the financial market of the currency and after the Central Bank raised 1,000 points your reference rate (see page 3). In this scenario, financial dollars also fell yesterday.
The informal dollar lost another $7 yesterday and closed at $467. During the day, it reached a minimum of $460, then rebounded, but always remained below the closing values of Wednesday, the day in which the bill fell $21. All in all, the gap with the official exchange rate narrowed to 110.4%.
During yesterday’s session, in addition, agents of the National Securities Commission (CNV) and the Financial Information Unit (UIF) carried out inspections in several stock exchange companies in the City of Buenos Aires, after several days of exchange tension in the market dollar alternative.
For their part, financial dollars also closed lower yesterday, after the rise in fixed-term rates ordered by the BCRA.
The dollar Cash with Settlement (CCL) fell $11.96 (2.6%) to $457.36, after 10 consecutive days of rises. Thus, the gap with the wholesale dollar reached 106%.
Meanwhile, the MEP dollar fell $4.20 (0.9%) and ended at $442.23. Thus, the gap for this exchange rate stood at 99.2%.
The Central Bank sold reserves yesterday for the second consecutive day, despite a rebound in income from the agricultural dollar. The monetary authority assisted the market with US$79 million, thus reducing the positive result for April to US$100 million.
In CAM9 (agro dollar) operations were registered for US$75 million, more than double the US$35.4 million reached in the previous day. In addition, payments for energy imports of the order of US$40 million were registered.
In this framework, the official retail dollar rose 69 cents and closed at $229.12. Meanwhile, the wholesale dollar, which is directly regulated by the BCRA, rose 43 cents and closed at $222.
Source: Ambito
