The official dollar breaks a new record and in the Banco Nación it approaches $ 1,300

The official dollar extends rise and the Blue exceeds the $ 1,300 for the first time in three months, after last week the Senate a new moratorium and the declaration of the emergency in disability, as well as a half sanction to other projects rejected by the government of the government rejected by the government of the Government Javier Milei considering that They put at risk the fiscal surplus. Meanwhile, the Futures press up after the previous official intervention.

The American Judge Loretta Presska rejected Argentina’s request to suspend the transfer of shares of the national oil company YPF to Burford. The order requires delivering the 51% participation of the company to partially cover a judicial sentence of U $ S16,100 millions.

The wholesale currency Go up $ 11.50 (+0.9%) to the $ 1,273thus breaking a new nominal historical maximum. Last week, he accumulated a rise in $ 22.50 (+1.8%) And in the last three weeks he advanced $ 100.50. In the National Bank, meanwhile, the price advances $ 10 to $ 1,285.

He Blue dollar scale $ 30 to the $ 1,330its maximum level since April 11. Financials also listed up; he CCL climb a $ 1,283.62 and the MEP Go up to $ 1,279.60.

Future contracts operated with generalized increases. The market “Price” that the exchange rate will increase 6.5% throughout this monthand 1.9%, On average, from next month. According to the agreed values, the wholesaler will reach the $ 1,445a value notoriously higher than the one foreseen in the advancement of the Budget 2026 around $ 1,229.

High volume of operations in futures and drop in reserves

Market sources stated that on Thursday and Friday there was Official intervention in shorter futures contracts. Analysts observed a high volume of operations, In the future segment he reached U $ 2,011 millionwhile in the cash it was U $ S514,247 million.

The BCRA continues without intervening in the official market. The International gross reserves They went up on Friday U $ 260 million to the U $ 39,052 millionalthough after the sharp fall in the start of the week public coffers accumulated a decline of U $ 2,687 million after a payment of foreign debt.

“The agro -export complex held its Good income rhythmsomething that did not reach to dilute the tension in the market generated from the last local events and external conditioning, generating forecasts reserved for the second half of the month, “he said Gustavo Quintana de PR change operators.

It is worth remembering that during the holiday on Wednesday, July 9, an edited video circulated in which the journalist Alejandro Fantino He broke a Caputo off, in which the minister said that, from here to the elections, the dollar was going to reheat and we were going to “have a bad time.” In the full video it can be seen that, what Caputo supposedly said was that this was what “mandriland” (the opposition) and what could happen if retirement increases were approved.

Why does the dollar go up?

Although the liquidation at least at the beginning of July could be record, the official dollar continues to be pressed. In the local market, the pressure intensified after the US bank report JP Morgan which suggested taking profits and getting out of bets to “Carry Trade”.

In addition, according to economists they influenced the dollarization of the bonuses, the purchase of currencies by exporters that had been liquidated before the restoration of retentions, and the demand for the treasure to swell their reserves through the so -called “block purchases”.