In the same way, the MEP dollar -also valued with the Global 2030 bond- rises 0.7% to $186.65 and the gap once again exceeds 70%.
The stock exchange rates have collapsed more than $10 since the beginning of March due to several factors, such as the acceleration in the official devaluation rate and the rate hike, all within the framework of the agreement with the IMF, which contributes to calm expectations .
Likewise, a firm liquidation of dollars from cereal exporters has been observed, which advanced transactions for fear that the Government will soon increase agricultural withholdings.
On Sunday, the Executive Branch closed the register of soybean meal and oil exports, with what is speculated to be the initial step to raise tariffs on exports of these products, a measure widely rejected by agricultural entities.
“There are plenty of dollars and that is why the alternative peso is affirmed, with a Central Bank (BCRA) that takes advantage of recovering some reserves. For fear of more withholdings, exporters advanced positions since last week,” explained a veteran exchange agent. .
“The harvest dollars are beginning to come in” and it is reflected in the market, added analyst Christian Buteler. Due to seasonal issues, March is the first month where the sale of crops and their corresponding foreign currency income to the country, which are converted into pesos through the BCRA, have an impact.
official dollar
In the wholesale segment, the currency rises 11 cents to $109.31. On Tuesday, the Central Bank bought another $92 million, after accumulating a positive balance of $375 million last week; while so far this month it adds up to almost US$560 million.
Last week, the price closed with an advance of 75 cents, the highest weekly correction since the one that ended on February 11 last. In this way, the monetary authority accelerated the rate of devaluation.
For his part, the savings dollar or solidarity dollar -retail plus taxes- advances 13 cents to $189.42 on average.
The The blue dollar records its fourth consecutive low this Tuesday, March 15, 2022 and pierces $200, before which it touches its lowest value in three months, according to a survey by Ámbito in the Black Market of Currencies.
The Casual Dollar falls back 50 cents to the low of $199.50 since mid-December 2021. Thus, the gap with the official wholesale dollar drops to 82.5%, its lowest level since July 13, 2021.
Source: Ambito
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