The stock market dollar fell to $870.63, while the CCL rose 0.2% and closed at $878.29. After the debate, the parallel currency stopped its upward climb at the end of last week.
The MEP dollar fell more than $11 yesterday and was once again below the price of Cash with Settlement (CCL), which had a slight rebound. This happens in a political and economic context that generates uncertainty regarding the open result of the runoff. After the debate, which had Sergio Massa as the winner, the blue stopped the climb at the end of last week and closed down.
In this scenario, the MEP dollar lost $11.08 (1.3%) to $870.63 and the gap with the official dollar narrowed to 148.8%. In this way, it once again fell below the CCL, which advanced 0.2% to $878.29. Thus, the spread between the “liqui” and the official one was 150.5%.
The stock market dollar, also called the stock market, accumulated an advance of $37.70 or 4.5% last week, after rising 4.6% the previous week. For its part, the exchange rate used by companies to transfer foreign currency abroad increased weekly to $9.87 or (1.1%).
Meanwhile, the blue dollar stopped the bullish streak at the end of last week, when it climbed $70 in two days: yesterday, it fell $35 to $925. Thus, the gap with the official exchange rate stood at 164.3% the day after the presidential debate and at the beginning of the week prior to the runoff.
“After the presidential debate on Sunday, the repercussions show candidate Massa as the winner of the debate, although Friday’s polls showed a slight trend in favor of candidate Milei,” they said from the StoneX brokerage. “It is important to say that these data cannot confirm that either of the two has gained greater voting intentions in recent days and especially after the debate,” they stated.
“In the preview, names are signs. Then the names are transformed into policies and that is what will matter starting December 10. For now there is a lot of speculation,” estimated economist Luis Secco.
Meanwhile, the BCRA began the week with purchases for US$23 million in the exchange market, and accumulated 15 positive wheels. So far in November, the monetary authority accumulates purchases for US$163 million.
Source: Ambito
