For its part, the MEP -also valued with the Global 2030- grew 0.6% to $207.79, its highest value since the beginning of last week. Therefore, the spread with the wholesaler directly regulated by the BCRA rose to 77.72%.
“After the latest rearrangement, financial dollars have been going through a stage of greater lateralization, beyond the fact that operators recognize that the search for coverage could be reactivated if the context of external and internal noise is extendedto which is added high inflation that continues to push the nominal value of the economy to the bottom,” said Gustavo Ber.
For its part, The dollar index rose on Tuesday, after fluctuating between slight gains and losses, but remained near a two-decade high.. It happens precisely before the data on inflation in the United States is known, which could provide clues about the direction of the Federal Reserve’s monetary policy.
The greenback measured against a basket of currencies is up nearly 9% this year.as investors sought a safe haven from concerns about the Federal Reserve’s ability to curb inflation without triggering a recession, concerns about the war in Ukraine and rising Covid-19 cases in China.
Locally, President Alberto Fernández is on an official tour of Europe. For its part, Economy Minister Martín Guzmán stated before US businessmen that Argentina grew in the first quarterwithout giving details.
official dollar
The dollar today -without taxes- rose 16 cents this Tuesday, May 10, to $122.32 for saleaccording to the average in the main banks of the financial system, while in Banco Nación the ticket was kept at $121.75 for sale.
The savings dollar or solidarity dollar – which includes 30% of the COUNTRY tax and 35% deductible from profits – rose 27 cents to $201.83 on average.
The wholesale dollar, which is directly regulated by the BCRA, rose 18 cents to $116.93. In the first two days of this week, the wholesale exchange rate increased 63 cents, against a rise of 56 cents registered in the same period of the previous week.
“The monetary authority once again exhibited a good result due to its intervention today, accumulating during May some US$630 million of net purchases that have brought the annual total now to some US$740 million of positive balance due to its exchange regulation,” he explained. Gustavo Quintana, from PR Exchange Brokers.
And he expanded: “The excellent behavior of the agro-export complex, which last week totaled revenues of some US$1,191 million, has become the contributing factor so that the process of accumulation of reserves has intensified since the beginning of May. , something that the market waited with certain expectation”.
The blue dollar rose 50 cents to $202 this Tuesday, May 10, once again surpassing the solidarity dollar after two wheels in a row, according to a survey by Ámbito in the Black Market of Currency. In the last two rounds, he posted a $1 advance. All in all, the gap with the official wholesale dollar was 73.2%.
The maximum price of the blue so far this year was seen at the end of January when it traded above $223, prior to the agreement with the International Monetary Fund (IMF). In the fifth month of the year, the blue dollar was up $1.50 after ending April at $200.50.
Source: Ambito
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