For its part, the “regulated” MEP increased 6.1% ($ 11.52) to $ 200.30, so it beat the “free” which ended just under $ 200. The gap with the official, finished the wheel at 99.7%.
Two days after the defeat at the polls, the Government once again adjusted the exchange controls with more limitations for the operation of the dollar in the so-called “Cash with Liquidation” (CCL), through which foreign exchange is taken abroad with the investment of pesos in the domestic market.
A resolution of the National Securities Commission (CNV) established that from this Tuesday the limit of operations in the stock exchange ‘CCL’ must respect a technical limit (50,000 nominal dollars) beyond the purchases of public securities in foreign currency that each investor has made.
“More and more the central bank runs out of fire power, loses reserves on a daily basis and needs to continue closing the exchange stocks. To the ban on banks from buying dollars until the end of the month, now it had to ask the CNV for another measure and it means that practically for now (Tuesday) the real ‘Cash with Settlement’ cannot be rearmed, “explained a bank agent.
José Ignacio Bano, Research Manager at IOL invertironline, highlighted that “this has to do with the actions of the Central Bank, basically. In the event that there is no intervention or any complication to operate in one asset or the other, they should converge to the same exchange rate. “
In the informal segment, the blue dollar went up $ 1 to $ 200.50, according to a survey of Scope in the Black Market of Foreign Currency, for which the gap with the official amounted to 99.9%. In this way, it cut a mini bearish streak since between Friday and Monday it had fallen $ 7, although it was behind the CCL and at the same level as the MEP.
Official dollar
The The dollar today rose four cents this Tuesday to $ 105.92 -without taxes-, according to the average of the main banks in the financial system. In turn, the retail value of the US dollar remained at $ 105.50 at Banco Nación.
The savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax, and 35% of Profits account- amounted to seven cents without variations to $ 174.77.
The wholesale dollar rose two cents to $ 100.29, under the strict regulation of the BCRA, in a wheel with less volume traded, in which the currency operated very stabilized within the fluctuation range established for today by the control authority.
The The Central Bank bought US $ 50 million from the demand for foreign currency in the exchange market, which ended a negative streak of five days.
“The correction of the wholesale exchange rate maintains a very gradual sliding bias as a strategy that persists without modifications at the beginning of the second half of November, something that everything indicates will be maintained in the last part of the year at least”, highlighted the analyst Gustavo Quintana.
Prices settled from the start at the level set in the market by the Central Bank with its usual positions and remained with very little variation until the end of the day.
The highs were recorded shortly after the session began at $ 100.33, six cents above the previous end. The authorized demand today lacked the robustness exhibited until the end of last week and, consequently, its volume was exceeded by revenues from abroad. The price of the dollar reacted with declines that in a staggered manner led it to hit a minimum of $ 100.29, a level defended by the purchases of the Central Bank in the sector where banks and companies operate.
Source From: Ambito
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