The MEP and CCL dollar extend rebound after the sharp decline they marked in October

The MEP and CCL dollar extend rebound after the sharp decline they marked in October

The financial dollars extend rebound this Monday, November 4th. He Friday rose strongly, after the announcement of the reduction of the monetary policy rate of the Central Bank (BCRA)but they closed October with registered heavy monthly losses.

He MEP dollar rises $4.80 (+0.4%) to $1,150.98 and the gap with the officer accelerates as 15.8%. He CCLfor its part, advances $2.83 (-0.2%) to $1,180.12 and the spread with the official one is located at 18.7%.

Financials collapsed to $85.79 (-6.9%) in October, their biggest decline since February. But this Friday, after the BCRA’s monetary policy rate was lowered, which went from 40% to 35%, financial dollars became attractive and rose to 1.7%.

The BCRA reduced the Monthly Effective Rate (TEM) to 2.92% and the annual effective (TEA) at 41.19%. In this way, the monthly performance is in line with the expected inflation for October, which will be around 2.7%-2.9%, according to private estimates.

“In the current economic-financial context, this decision does not alter the exchange rate calm, and barely generates a slight rearrangement in financial dollarswhich, as on other occasions, could ultimately prove transitory within the convergence underway,” explained economist Gustavo Ber.

According to this expert, bets are extended regarding a deepening of the deceleration of inflationas reflected by the expectations implicit in financial instruments and the sustained appetite for Lecaps and Boncapshe detailed.

How much is the official dollar trading at today, Monday, November 4

In the official exchange market, the wholesale dollar marks $994 per unit. This is $1 above Friday’s close.

How much does the future dollar trade at today, Monday, November 4

The contract of future dollar for November it falls 0.1% to $1,018. That of December, meanwhile, fell 0.2% to $1,047leaving an annualized nominal rate (TNA) of 33.8%. For their part, the contracts for the first half of 2025 showed drops of between 0.3% and 0.5%and the TNA revolved around the 35%.

How much is the blue dollar sold for today, Monday, November 4

He blue dollar operates $1,190.00 for sale, according to a survey of Scope in the caves of the City.

Price of the dollar card today, Monday, November 4

He dollar card or touristand the dollar savings (either solidary) is offered to $1,620.80

Quote of the crypto dollar today, Monday, November 4

He crypto dollar or Bitcoin dollar quotes at $1,176.43 according to Bitso.

Source: Ambito

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