Financial dollars registered their biggest weekly drop since mid-July, in line with increased private supply. The gap with the official exchange rate was on the verge of breaking through 30%.
The “cash with liquidity” (CCL) yielded $13.69 (-1.1%) this Friday to end the day in the $1,257.91which is why the gap with the official was 31.3%, minimum of May 20. In turn, the MEP low $14.95 (-1.2%) up to the $1,243.87.
Thus, during the week the CCL accumulated a decrease of $40.46 (-3.1%), while the MEP’s decline was $36.09 (-2.8%).
The significant drop in financial dollars that occurred these two days, both the bluehe CCL and the MEPaccording to Pablo Lazzati CEO of insider finance, is due to the bleach“What is happening is that people and companies that want to launder their money are bringing dollars from abroad to Argentina, and as a result, they are selling for the difference between the blue and the MEP in order to be able to enter the laundering process,” he said.
And he added that this is “the beginning, since many CERA bank accounts that were opened for laundering have not yet deposited the dollars or pesos to launder and have until the 31st of this month.”
A similar explanation was given Nicholas Capellafrom Investing in the Stock Market. “This Friday we saw orders to sell corporate bonds throughout the session. We mentioned that in September there were tax payments and that could trigger the sale of dollars. I think we are beginning to see that effect. Likewise, deposits in dollars continue to increase, as a result of money laundering. Therefore The square begins to fill with dollars and the pesos are always the same“, he detailed.
The reduction of the PAIS Tax is in force
This Monday The reduction to 7.5% of the PAIS Tax came into effect for imports. The Government is seeking to ensure that the lower cost of products from abroad impacts inflation levels at the local level.
In the exchange rate field, the measure could have a negative impact because in August Many companies postponed their purchases abroadfor which a reactivation is expected in the month that has just begun.
This, added to the dynamics of intervention to reduce the gap, would negatively impact reserves which are already affected and are one of the variables most closely followed by the International Monetary Fund (IMF).
How much is the official dollar trading today, Friday, September 6?
In the official exchange market, the Wholesale dollar rose $3.50 to $958.00.
How much is the dollar futures trading today, Friday, September 6?
At the Matba Rofex, the future dollar for the purposes of September -after the reduction of the COUNTRY TAX- remained unchanged $981.00as for October which closed at $1,013.50 and November in $1,046.50. The contract of December rose 0.1% to $1,086.00.
How much is the blue dollar sold for today, Friday, September 6?
He Blue dollar operates at $1,260 for sale, According to a survey by Scope in the caves of the City.
How much is the MEP dollar today, Friday, September 6?
He MEP dollar is quoted to $1242.19 so the gap with the official is located at 29.7%.
CCL dollar value today, Friday, September 6
He dollar Cash with Settlement (CCL) operates at $1256.49 and the spread with the officer reaches the 31.2%.
Dollar card price today, Friday, September 6th
He dollar card or touristand the dollar savings (either solidary) marked the $1,562.40.
Crypto dollar quote today, Friday, September 6th
He crypto dollar or Bitcoin dollar quoted at $1,251.49according to Bitso.
Source: Ambito
