For its part, the MEP -also valued with the Global 2030- rises 0.3% to $207.90, and the gap with the wholesaler is established at 72.75%.
The financial dollar slowed down sharply in May. The CCL dollar rose 1.7% in the last 30 days, going from trading at $206.96 to $210.51. For its part, the MEP rose 0.7% in the month, closing at $205.99 and ending at $207.35.
In the comparison with March, the Cash with Liquidation rose $16.68 (+8.8%) in April, while the Mep added $15.43 (+8.1%) last month.
The economist, Federico Glustein, in dialogue with Ámbito, considered that the prices had a “stable” behavior in May for several reasons, but mainly, “because foreign exchange earnings were highespecially from agriculture with US$4.1 billion, and the BCRA was able to absorb US$785 millionscarce since it is only 19% of the total, but it is 80% of the year’s purchases”.
The development of the MEP and the CCL this month was influenced by external factors derived from the rise in rates in the US and the war, and the disarming of positions due to carry tradeGlustein maintained. In turn, “the swings of the Merval by 4.6% in pesos and 2.8% in dollars accompanied the foreign exchange market, consistent with the mixed expectations about the global financial market.”
Therefore, in this sense, “the rise of the local market was important for the financiers to be maintained. The blue had a different panorama that in April from end to end did not rise while in May it did so by 3.5% so as not to be left behind with the solidarity that reached it due to the devaluation rate of 4.6% of the official, “he closed .
official dollar
The dollar today -without taxes- rises 25 cents this Wednesday, June 1, to $125.87 for sale, according to the average in the main banks of the financial system, while in the Banco Nación the ticket is trading unchanged at $125 .25.
The savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax and 35% deductible of Earnings- rises 41 cents to $207.69 on average, and trades for the third consecutive day above the blue.
The wholesale dollar, which is directly regulated by the BCRA, rose 15 cents to $120.35. During May, it registered an advance of 4.2%, the most important monthly rise in the Alberto Fernández era.
Anyway, in the year it accumulates a rise of 17.02%, far from the rise registered in the same period of the consumer price index.
“The official strategy slightly accelerated the rate of slide in dollar prices, but still without accompanying the rise in domestic prices, a decision that seems to use this as a kind of anchor to control inflation”highlighted the analyst Gustavo Quintana.
Dolar blue
The blue dollar falls this Wednesday June 1, and is consolidated as the retail exchange rate “cheaper” From the marketaccording to a survey carried out by Ámbito in the Foreign Exchange Black Market.
The Casual Dollar yields $1 to $206, that is, below the solidarity, which trades above $207.
With everything, the gap between the blue dollar and the official wholesale exchange rate stands at 71.2%.
The maximum price of the informal dollar so far this year was recorded at the end of January, when it traded above $223, prior to the announcement of an agreement with the International Monetary Fund (IMF) for the refinancing of the debt.
Source: Ambito
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