For its part, the blue dollar in the informal market remained low yesterday and analysts predict that the price adjustment will continue.
I followed all the dollar quotes in scope.com.
The Central Bank (BCRA) maintained a positive streak by buying some US$25 million, which is added to the US$40 million on Wednesdaya fact that may encourage expectations of an incipient recovery of reserves in a scenario of less tension on the market due to the diffusion of the principle of agreement with the International Monetary Fund.
It should be remembered that The monetary authority sold more than US$270 million last week and accumulated a negative balance of some US$190 million in February. It was the fourth month in a row with a negative result.
Savings or solidarity dollar
The savings dollar or solidarity dollar -retail plus tax- rose 31 cents to $187.24 on average.
wholesale dollar
The wholesale dollar, which is directly regulated by the BCRA, added 10 cents to $108.03.
The income from the agro-export sector once again collaborated with the official strategycontributing foreign currency that allowed the monetary authority to exhibit another round with net purchases due to its intervention in the foreign exchange market.
Dollar CCL
The dollar “counted with liquid” (CCL) -with the Global 2030 bond- lost 0.4% to $201.42, with which the gap with the official stood at 86.45%.
MEP dollar
At par, the MEP or Bolsa dollar -valued with the Global 2030- ended stable at $196.84, which leaves a spread of 82.2%. In February, they were down 10.1% ($22.43) and 8.5% ($18.17), respectively.
The blue dollar falls again this Thursday, March 3, 2022, according to a survey carried out by Ámbito in the Foreign Exchange Black Market. In this way, the gap with the official pierces 90% for the first time since October 20 last year.
After collapsing $5 in the previous day -its biggest daily decline since January-, the ticket descends $2 in this wheel to settle at $204. Consequently, the spread between the blue dollar and the wholesale exchange rate falls to 88.8%.
The informal price came from having a stable week prior to the carnival holidays, although it remained the most expensive exchange rate in the market since the CCL sank to the $200 zone.
The uncertainty prior to the announcement of an understanding between Argentina and the IMF over the debt had caused the blue dollar to skyrocket, reaching $223.50 on Thursday, January 27, its nominal historical maximum so far. Since then, it accumulates a low $18.50.
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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