Stock market dollars rise and trade close to $ 183, while the gaps are at record levels

For its part, the regulated MEP dollar also rises 0.5% to $ 182.69, which leads to the gap to 82.50%. In the segment not intervened by public agencies, the round culminated in the $ 200 area.

“After the ephemeral respite from the latest banking regulations, the BCRA quickly resumes the challenge of managing interventions on a daily basis, since the balance is actively monitored by operators. Efforts in financial dollars, and even some freer references, have also been generating growing concern, seeking to control their dynamics in the last wheels before the elections., even though later this strategy is expected to be reassessed since the sustained pressure in force on net reserves would no longer be sustainable, “said economist Gustavo Ber.

In the brief informal circuit, the blue dollar rises 50 cents to $ 199.50, after equaling last Thursday’s intraday record of $ 200 during the round.

Amid the pressure in the exchange market, the Minister of Economy, Martín Guzmán, reiterated that “there is no devaluation jump” and he questioned those who said in 2020 that “there would be a huge devaluation jump”, although he acknowledged that one of the problems facing the Government is debt.

“What was done is very serious. Not a single dollar of the 45,000 million that was taken was used to improve productive capacity,” Guzmán complained. At a meeting in Chubut, he asked the businessmen to support the “strategy and the negotiation proposal, so that we have conditions that do not stifle the possibilities of continuing the virtuous process of economic recovery.”

For his part, the economist Rodrigo Álvarez stated that “with a gap of more than 100% between the official and parallel exchange rates, experience shows that growth cannot be achieved and that it is key for negotiations with the IMF. that you cannot accumulate reserves “.

Official dollar

The wholesale exchange rate, regulated by the Central Bank, rose three cents to $ 100.11, in a wheel in which prices settled from the beginning of the day to the level proposed by the official regulation and did not depart from it until the close of operations.

The Central Bank sold US $ 110 million amid increased demand from importers, accumulating a negative balance of US $ 140 million in the month, despite the fact that last Friday there was almost US $ 210 million after the entry into force of a new norm on net Global Position in foreign currency of the financial system, which allowed greater coverage by exporters, in a round where they operated close to US $ 650 million.

“The Restrictions to access the purchase of foreign currency and the new regulations that prevent financial entities from increasing their holdings of foreign currency have not been sufficient until today to avoid loss of reserves in the face of a seasonal drop in income from abroad, a phenomenon exacerbated by expectations prior to next Sunday’s elections, “said analyst Gustavo Quintana.

The Importers’ demand is in line with what was seen in the week prior to the STEP elections on September 12. In the first seven days of September there had been six days of sales for US $ 511 million and one neutral “.

In the same days of October, they have sold u $ s137 million in five days, with another neutral and one that registered purchases for 200 million. The same dynamic is expected for the next few days. This was confirmed by official sources.

On the other hand, the BCRA recorded the entry of US $ 296 million to the reserves for the disbursements of US $ 237 million from the IDB and 59 from the IBRD.

At the retail, the dollar today closed at $ 105.63 -without taxes-, according to the average of the main banks in the financial system, in a context of marked upward pressure for versions of the “unregulated” currency. In turn, the retail value of the US dollar remained at $ 105.25 at Banco Nación.