In this context, the retail dollar -without taxes- advanced 15 cents to $119.03, according to the average in the main banks of the financial system. In turn, the retail value of the ticket in the Banco Nación rose to $118.75.
During the wheel The monetary authority awarded on Tuesday 392,026 million pesos in Liquidity Letters (‘Leliq’) at 28 days and Liquidity Notes (‘Notaliq’) at 183 days, with new yields recently arranged, operators said.
Last Wednesday, the entity increased its reference rate by 250 basic points to 47% per year for the ‘Leliq’, in the midst of the high inflation that is shaking the country and complicating the progress of its economy.
Short-term title transactions totaled 368,456 million pesos and for the long term the auction was declared void, while with ‘Notaliq’ 23,570 million pesos were accounted for.
Yields were a whopping 47% per annum and 5% spread, respectively. On the day there were maturities for 243,095 million pesos.
Savings or solidarity dollar
The solidarity dollar -which includes 30% of the PAÍS tax and 35% deductible from profits- rose 15 cents to $196.40 on average, so it fell below the blue after two rounds.
wholesale dollar
The wholesale dollar, which is directly regulated by the BCRA, rose 15 cents to $113.78. In this way, in the first two days of this week the wholesale exchange rate accumulates a rise of 81 cents, identical correction to that of the entire previous week.
In a day with less business volume, the currency traded with a selling trend and with prices anchored within the fluctuation range set for today by the monetary authority. The values settled from the start of the day at the regulation level and remained almost unchanged throughout the day.
Lows at $113.78 and highs at $113.79, marked the narrow course of prices in a wheel that accommodated the volume traded to the daily average of the month. Inflows from abroad dominated throughout the session, exerting downward pressure on prices that was aborted by official participation. The Central Bank’s purchases absorbed all the surplus available in the market, defending the new floor of the wholesale exchange rate until the close of operations today.
Dollar “counted with liqui”
In the Buenos Aires stock market, 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
Meanwhile, the MEP or Stock Exchange dollar -also valued with the Global 2030- yields 0.7% to $188.43, so the exchange rate gap is reduced to 65.7%.
The Dolar blue rise and resume the uptrend after four consecutive rounds without variations, according to a survey by Ámbito in the Black Market of Currencies.
The parallel dollar rises $2, is trading at $197 and detaches from the financial dollars that register more moderate advances. In this way, the exchange rate gap with the wholesale price stands at 73%. The last time the currency rose sharply was on March 8 when it jumped $2.50.
After the announcement of the agreement with the IMF, the price of the blue deflated and for almost two weeks it has been trading below $200. After reaching a minimum of the year at $195, the informal one is once again the most expensive in the market, above the financial ones and the savings dollar.
In the fourth month of the year, the blue dollar rises $7 after ending March at $200.
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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