The Cashed Settlement dollar (CCL) rebounded yesterday and recorded its biggest rise in two weeks. In this way, the exchange rate used by companies cut its downward trend, after registering the biggest drop in more than a year last week. For its part, the MEP dollar advanced for the second time in a row.
The CCL dollar rose $3.12 (0.4%) to $739.15, its biggest advance since August 29, when it climbed $14.99. Thus, the gap with the official one stood at 111.2% and the spread with the blue dollar fell to $9.15, the lowest value in a month, when on August 11, prior to the PASO and the 20% devaluation of the peso, was positioned at $3.76.
For its part, the MEP dollar reduced the initial rise and closed at $676.46, advancing only 92 cents (0.1%). In this way, the gap with the official exchange rate reached 93.3% and the difference with the illegal dollar stood at $53.54.
For its part, the blue dollar rose $13 (1.8%) and closed at $730, chaining its second consecutive rise. Thus, the informal currency recorded its largest daily increase since August 16, when it advanced $50 in one day.
In this way, the blue rose $20 in the last two days after falling $40 in eight wheels. The gap with the official exchange rate advanced to 108.6%, the maximum since August 31, after hitting an intraday annual record of 127.1% on August 16, its highest level since the July 2022 bullfight ( 139.3%).
This happened after having closed a strongly bullish August after the devaluation. That month, it rose $185, or 33.6%, the largest monthly increase since April 2020 (41.3%).
In this scenario, the Central Bank bought US$68 million yesterday in the exchange market and accumulated 21 green wheels in a row, the longest positive streak of 2023. So far in September, the monetary authority has already managed to buy US$ $315 million, while the average for this month rose to $40 million per day.
Source: Ambito
