The Central Bank (BCRA) closed again with a positive balance, after ending Wednesday with a selling balance for the first time after 7 sessions. In this wheel, he bought US$70 million, the largest amount in a month, with which he accumulated more than US$80 million in the month and almost US$30 in the year.
“The monetary authority took advantage of the excess supply over the authorized demand, intervening in the development of operations with purchases that defended the new floor of the dollar, absorbing the remainder of a supply that comfortably exceeded the formalized purchase orders”, highlighted the analyst Gustavo Quintana.
For the specialist, “the accumulation of operations originated in the days in which the market did not work may be justifying the result obtained today by the Central Bankwhich closely follows the rate of income from the agro-export complex in a scenario in which logistical complications conspire to further increase foreign exchange income, which seasonally tends to increase in the second quarter of the year.”
Savings or solidarity dollar
The Solidarity Dollar -which includes 30% of the PAÍS tax and 35% deductible of profits- advanced 81 cents at $196.15 on average, thus surpassing the level of the blue, for the second time since June 2021.
wholesale dollar
The wholesale dollar, which is directly regulated by the BCRA, rose 66 cents to $113.63. The price correction compensated, as at the beginning of the week, the days without activity due to the long weekend, without its magnitude implying a greater acceleration in the rate of adjustment of the wholesale exchange rate, a fact that can be verified in the second half of the current month.
The highs of the day were noted with the first trade concluded at $113.68, seventy-one cents above the previous end. The genuine offer became more intense during the course of the morning, exerting pressure on the price that resulted in successive declines that stopped when it touched lows at $113.63.
In the short week, the wholesale exchange rate rose 81 cents, below the total correction of the previous week. but with the exception that this adjustment was made in just three days of operations.
Dollar “counted with liqui”
In the porteña bag, the CCL dollar -operated with the Global GD30 bond- falls 0.7% to $188.48. In this way, the spread with the wholesale exchange rate, which regulates the BCRA, falls to 65.8%.
MEP Dollar or Stock Market
While, The MEP or Stock Exchange dollar -also valued with the Global 2030- yields 0.7% to $188.43so the exchange rate gap is reduced to 65.7%.
The dollar blue operates stable this Monday, April 18, 2022, at $195, which represents its lowest nominal value since last October, according to a survey by Ámbito in the Black Market of Currencies.
Until Wednesday, the parallel dollar accumulated eight consecutive days below $200, bringing the gap with the official wholesale dollar to 72.6%, the lowest level since June 2021.
In addition, on Wednesday the informal dollar ceased to be the most expensive in the market, as it was surpassed by the savings dollar, a fact that had not happened for 10 months.
Since the government announced a principle of understanding with the International Monetary Fund (IMF), which later ended in the approval of an agreement, the blue accumulates a collapse of more than 12% (-$27.50).
In the fourth month of the year, the blue dollar exhibits a decrease of $5, after ending March at $200.
More news about the Blue Dollar and the Dollar
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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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