“The income from the agro-export complex, combined with the maintenance of exchange restrictions, and without the significant presence of payments for energy imports, generated a favorable week for the official strategy that seems to be heading to end the month with greater purchases, although still without surpass the best marks of the same month of the previous year”, highlighted the analyst Gustavo Quintana.
In this way, the dollar today -without taxes- rose 14 cents this Friday, May 20, to $123.91 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 $123.75 for sale.
In the informal market, meanwhile, the blue dollar falls $1.50 to $204.50, adding to yesterday’s $2 drop.
Santiago Abdala, director of PPI, highlighted with respect to the dollar that “although a certain intraday volatility is observed, we do not see that there will be a run. On the other hand, we must closely monitor the ‘crawling peg’ of the exchange rate The reality is that as long as there is no big news – which, indeed, we do not think there will be – on the local scene, we will be sailing in these volatile waters for a while longer.
Solidarity dollar price, Friday, May 20
The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and 35% deductible of Earnings- it rose 23 cents to $204.50 on average.
Wholesale dollar price, Friday, May 20
The wholesale dollar, which is directly regulated by the BCRA, advanced 14 cents to $118.48. Thus, in the week that has just ended, the wholesale exchange rate rose $1.05 against $1.13 of the previous week.
The currency was in a clear selling trend, the product of a genuine offer that had no adequate counterpart on the authorized demand side. Prices moved with relative stability, always within the fluctuation range tolerated for today by official regulation.
Highs were made early in the session at $118.50, sixteen cents higher than the previous end. Income from abroad was accentuated early on in the sector where banks and companies operate, smoothly attending to authorized purchase orders. The amount of the offer exerted pressure on the price that responded with drops that led it to hit a minimum of $118.48, a level that, as in recent days, was defended by official intervention in the market. Central purchases halted the decline, setting a new price floor and absorbing the surplus of foreign exchange available on the date.
Price of the CCL dollar, Friday, May 20
The dollar “counted with liqui” (CCL) -operated with the Global GD30 bond- falls 0.2% to $210.25. In this way, the gap with the exchange rate The official rate -which is directly regulated by the Central Bank (BCRA)- stands at 77.4%.
Price of the MEP dollar, Friday, May 20
For its part, the MEP dollar -also valued with the Global 2030- rises 0.2% to $210.15. Therefore, the spread with the wholesale dollar is 76.2%.
Blue dollar quote, Friday, May 20
The The blue dollar records its second consecutive drop this Friday, May 20, and operates at $204.50, the lowest of the weekaccording to a survey carried out by Ámbito in the Foreign Exchange Black Market.
The Informal dollar falls $1.50, which is added to the $2 drop registered on Thursday. Anyway, in the weekly balance it registers an advance of $1.
Consequently, the gap between the blue dollar and the wholesale official exchange rate stands at 72.6%.
In the fifth month of the year, the blue dollar rises $4 after ending April at $200.50.
so far this year, the informal dollar gives up $3.50 after ending 2021 at $208.
Crypto dollar price, Friday, May 20
The crypto dollar or Bitcoin dollar falls 0.65% to $206.91, based on the average among reporting local exchanges Coinmonitor.
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?
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Source: Ambito
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