Economist Gustavo Ber stated that “the lower dynamism of Central Bank purchases raises concerns among operators, due to the importance of accumulating reserves during this second semester, while they remain attentive to the rhythm of the ‘crawling-peg’ and new increases in the rate that could arrive after another high inflation data”.
In this context, the dollar today -without taxes- rose 20 cents this Thursday, May 12, to $122.70 for sale, according to the average in the main banks of the financial systemwhile at the Banco Nación the ticket remains at $122.50 for sale.
In the informal market, meanwhile, the blue dollar fell $1 to $204, after registering a rise of $3 in the previous round.
Price of the solidarity dollar, Thursday, May 12
The savings dollar or solidarity dollar – which includes 30% of the COUNTRY tax and 35% deductible from profits – rose 33 cents to $202.46 on average.
Wholesale dollar price, Thursday, May 12
The wholesale dollar, which is directly regulated by the BCRA, advanced 17 cents to $117.25. A) Yes, the wholesale exchange rate rose by 85 cents during the week and with a wheel ahead to end it, it projects a correction greater than that of the previous week.
With a significant volume traded, the session showed the US currency operating with a demanding tone and with significant official activity in the market. Prices, however, kept to the fluctuation margin established for today by the monetary authority and had a very narrow course throughout the day.
The lows for the date were noted with the first trade recorded at $117.25, 17 cents above the previous end. The authorized demand dominated the development of the operations, taking the price to a maximum of $117.26 per unit in the first section of the trading session, a level that it could not exceed in the rest of the day due to the activity of the Central Bank in the sector where banks and companies operate. Official sales limited the evolution of prices, simultaneously correcting the lack of foreign currency in the market.
Price of the CCL dollar, Thursday, May 12
The “liquid counted” dollar (CCL) -operated with the Global GD30 bond- rises 0.1% to $208.17, therefore, the gap with the official wholesale dollar stands at 77.5%.
Price of the MEP dollar, Thursday, May 12
The MEP or Stock dollar -also valued with the Global 2030- fell 0.2% to $206.62, bringing the gap to 76.2%.
Ber stated that “despite the external and internal noise, it is noteworthy that the financial dollars have been managing to go through this stage through a lateralization, even when it is possibly only as a way of resting after the last upward readjustment as a result of the accelerated nominality of the economy”.
Blue dollar quote, Thursday, May 12
The blue dollar falls this Thursday, May 12, after reaching a maximum of two weeks, according to a survey by Ámbito in the Black Foreign Exchange Market.
The informal dollar is down $1 at $204, having advanced $3 in the previous session. In this way, he accumulates an increase of $3 so far this week.
Thus, the gap with the official wholesale dollar stands at 74%.
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 rises $3.50 after ending April at $200.50.
so far this year, the informal dollar registers a drop of $2 after ending 2021 at $208.
Crypto dollar price, Thursday, May 12
The crypto dollar or Bitcoin dollar rises 0.4% to $211.94, according to the average among local exchanges reported by Coinmonitor.
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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