Dollar today: how much is it trading this Monday, March 1

Dollar today: how much is it trading this Monday, March 1

The Central Bank (BCRA) sold reserves for the fifth consecutive day, ending with a negative result of about US$90 million. The monetary authority sold more than US$270 million since Monday, and accumulated a negative balance of some US$190 million in February. This is the fourth month in a row with a negative result.

Savings or solidarity dollar

The savings dollar or solidarity dollar -retail plus tax- advanced 10 cents to $186.37 on average.

wholesale dollar

The wholesale dollar, which is directly regulated by the BCRA, rose seven cents to $107.45. In the week, the wholesale exchange rate rose 77 cents, the second highest correction of the current year.

“Next week will be short in operating days due to the holidays on Monday and next Tuesday, which is why a concentration of operations is expected in the remaining days, with expectations that the agro-export complex will once again be a protagonist in the market, something that it did not happen in the last week of the month,” said analyst Gustavo Quintana.

Dollar CCL

The dollar “counted with liquid” (CCL) -with the Global 2030 bond- fell 10.1% ($22.43) to $200.47 in February, with which the gap with the official stood at 86.6 %.

MEP dollar

At par, the MEP or Bolsa dollar -valued with the Global 2030- fell 8.5% ($18.17) to $195.31, leaving a spread of 81.8%. This Friday, they fell back to 1.6%.

The The blue dollar rose this Friday, February 25, 2022, to $211, after bouncing from its value at five-week lowsaccording to a survey carried out by Ámbito in the Foreign Exchange Black Market.

Consequently, the spread between the blue dollar and the wholesale exchange rate stands at 96%.

Beyond everything, the blue dollar completed four consecutive weeks trading above $210, since last January 18 it climbed from $209 to $211.

More news about the Blue Dollar and the Dollar

Neither the Government nor the IMF: on whom will the next value of the blue dollar depend?

How much will the dollar reach in 2022, according to Argentine businessmen

Notes on the peso market: CER or Dollar Link?

Source: Ambito

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