The gap falls to four-month lows and the MEP approaches $1,200

The gap falls to four-month lows and the MEP approaches ,200

Financial dollars extended their downward trend on Monday, September 16. Prices approached $1,200 and the gap with the official rate reached four-month lows, below 30%.

The dollar “counted with liquidity” (CCL) fell $12.36 (-1%) to $1,240.97which is why the spread with the wholesale exchange rate, regulated by the Central Bank (BCRA), ended in 29%, the lowest figure since May 20. In turn, the dollar MEP fell $10.81 (-0.9%) to $1,215.72.

In the last two weeks, the exchange rates have contracted by almost $60 in the case of the CCL and almost $70 in the case of the MEP.as a consequence of both the official intervention of the BCRA and the greater private supply following the money laundering.

At the beginning of this new week, there was a good acceptance of the markets to Javier Milei’s speech at the presentation of the 2025 Budget. “In another great round for Argentine assets, We saw a dollar offered for tax payments againBCRA buying reserves, CER curve falling and Lecaps with moderate increases. The sovereign curve, again marked increases of more than 1.5% and the country risk, marked a new minimum in the Milei era,” said Invertir en Bolsa (IEB).

The monetary authority took advantage of the low volume of operations in the official exchange market to close the round with a small Positive balance of US$11 millionalthough in the accumulated figure for September it still has an unfavorable result of US$184 million.

Likewise, the Gross international reserves fell by US$478 million on Monday and fell below US$27 billiondue both to the sales that the Central had made on Friday and, fundamentally, to debt payments with international organizations. It meant the biggest drop so far this month.

How much is the official dollar trading today, Monday, September 16?

In the official exchange market, the dollar remained stable in the $962 per unit.

How much is the dollar futures trading today, Monday, September 16?

At the Matba Rofex, the future dollar By the end of September it fell 0.4% to $976.50, while by October it fell 0.6% to $1,010.50. Meanwhile, by the end of November it fell 0.9% to $1,044 and For December it also fell 0.9% to $1,086.5.

Thus, The value of the end-of-year contract was below the almost $1,120 projected by the Government by the end of the year, in accordance with the provisions of the 2025 Budget.

Faced with this scenario, The annualized nominal rate of said contract ended the round at 45%after having closed last week above 47%.

How much is the blue dollar sold for today, Monday, September 16?

He blue dollar rose to $1,275 for sale, According to a survey by Scope in the caves of the City.

Dollar card price today, Monday, September 16

He dollar card or touristand the dollar savings (either solidary) marks the $1,571.20.

Crypto dollar quote today, Monday, September 16

He crypto dollar or Bitcoin dollar quoted at $1254.51according to Bitso.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts