Among the factors that explain the upward pressure are the end of the temporary reduction of retentions, the payment of the bonus, the search for pre -election coverage and political noise in the Senate, which according to the Executive puts at risk the fiscal order.
Since the beginning of phase 3 of the economic program, which included the flexibility of the stock – especially for human people – and the implementation of the flotation regime between bands for the bands for dollar, The official exchange rate remained relatively stable in the single and free market (Mulc). Between May and June, the currency operated in a range of between $ 1,100 and $ 1,200 for sale, but the calm broke in July.
So far this month, the Wholesale dollar accumulate a rise of $ 51.50. On Friday 18 it reached its maximum peak from the flexibility of the stocks, when it came to quote $ 1,286. Currently, he cut to the $ 1,256.50.
Among the factors that explain the upward pressure are the end of the temporary reduction of retentions, the payment of the bonus, the search for pre -election coverage and political noise in the Senate, which according to the Executive puts at risk the fiscal order.
The dollar rise might have no impact on inflation
The renowned economist Orlando Ferreres He predicted that the dollar will continue the flotation with small increases in the following months: “Maybe, at the end of the year it reaches $ 1,400, but it would not be a problem: it would be to recognize the inflation that is there every month (about 2%),” he said in dialogue with now Play.
In addition, he acknowledged that this value “would be fine to respond to import and export needs”, while “tourists would benefit, but not so much.” In turn, he said that this increase in the dollar would not move to inflation: “It will not have much weight in inflation. Some weight will have, but after the October elections,” he analyzed.
And he stressed: “It will have some impact on prices, but without so much relevance. They have been values that we have already registered.”
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
