For its part, the MEP dollar-also valued with the Global 2030- it fell 0.7% to $207.88. Therefore, the spread with the wholesale dollar fell to 75.7%.
Despite the political and economic uncertainty, financial dollars continue to respond with a lateralization at this stageeven though operators recognize that – after the current break – the high nominal value of the economy should once again incline them towards an upward readjustment so as not to continue losing relative ground,” said a specialist.
Analysts agreed that the accumulation of reserves committed to the IMF can play against the progress of the economysince importers need dollars at a time when domestic consumption is shrinking due to the drop in purchasing power.
official dollar
The dollar today -without taxes- rose 22 cents this Thursday, May 19, to $123.77 for sale, according to the average in the main banks of the financial system, while at the Banco Nación the note advanced 25 cents to $123.50 for sale.
The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and 35% deductible of Earnings- it rose 36 cents to $204.22 on average.
The wholesale dollar, which is directly regulated by the BCRA, advanced 27 cents to $118.34 after having registered the highest daily correction on Tuesday, except for a beginning of the week, since last April 13.
“The monetary authority bought some 60 million dollars today (Thursday), bringing the accumulated figure for the month to some 725 million dollars of net purchases in the market,” commented Gustavo Quintana, operator of PR Corredores de Cambio.
The The blue dollar recorded its first drop in four days this Thursday, May 19, and -in this way- stopped its upward marchaccording to a survey carried out by Ámbito in the Foreign Exchange Black Market.
Consequently, the gap between the blue dollar and the official wholesale exchange rate was reduced to 74%, from 76.2% previously.
The maximum price of the informal dollar 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).
Source: Ambito
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