For its part, the MEP dollar -also valued with the Global 2030- advances 2.8% to $229.47 and the gap with the wholesaler is set at 87.6%. The financial dollar comes from rising $17.31 between Thursday and Friday.
Juan Pablo Albornoz, economic analyst at Ecolatinain dialogue with Ámbito, maintained on Thursday that the sharp rise in financial dollars happened because “There was a very strong disarmament of positions mainly in CER titles”.
“Part of that flow of money rotated towards money market instruments and, another part, towards the dollar. Until yesterday this had not been seen, surely as a result of the parking (one or two days, depending on the MEP or the CCL), “Juan Pablo Albornoz closed his explanation.
For his part, the financial analyst, Christian Buteler, also in dialogue with this medium, assured on Thursday that this shot has several edges. “The first thing to note is that the dollar comes with an amazing stability during the year against an accumulated inflation of 30%. At some point I was going to have to adjust,” he opined.
“If you maintain the same basic conditions (the same stocks and the same taxes that put pressure on the exchange rate) it is not logical that the dollar hold steady”described and added that “if all the prices of the economy travel to the order of 5% monthly, the dollar is one more price”.
To this situation, he named, was added the very strong sale of bonds what happened on wednesday. This generated “a concern in the market and caused some investors to say what asset was cheap? And the financial dollars were cheap.”
“This is the main thing that has moved the market. We’ll see how it goes. If the sales of the CER bonds pay off,” said Buteler and warned that the financial dollars “will find a new balance and will continue to move normally”. “It is expected that this stability will end and they will begin to rise more at the rate of inflation and the issuance of pesos,” she closed.
official dollar
The dollar today -without taxes- rose 10 cents this Friday, June 10, to $127.10 according to the average in the main entities of the financial system, while at the Banco Nación the note rose 25 cents to $127 for sale.
The savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax and the 35% deductible of Earnings- rose 17 cents to $209.72 on average.
The wholesale dollar, which is directly regulated by the BCRA, rose 17 cents to $121.79. Thus, in the week that has just ended, the wholesale exchange rate rose $1.11, somewhat below the $1.13 rise registered in the previous week.
The The Central Bank was only able to add US$40 million to reserves in the week, after energy payments of US$500 million were made. It happened after this Friday the monetary authority bought 7 million and energy payments for more than 100 million.
Dolar blue
the blue dollar registers its second consecutive increase this Monday, June 16, 2022, with which it renews its highest value in more than 3 months, according to a survey of Ámbito in the Black Market of Currencies.
The parallel dollar advances $2 to $212, its maximum since last February 17 (when it closed at $214). In this way he accumulates an advance of $4 from Friday.
LThe gap between the blue dollar and the wholesale official exchange rate stands at 73.3%.
In the sixth month of the year, the blue dollar rises $5, after ending May at $207.
Let us remember that last month, the informal dollar rose $6.50 or 3.2%, which represents its highest rise in the year, although it was below inflation (a floor of 5% is estimated), and the advance of the official exchange rate (+4.2%).
The parallel dollar rose 50 cents in April, and dropped $11 in March, its worst performance in 14 months. Last February, it fell $6.50 (-3%), after rising $5 or 2.4% in January.
so far this year, the informal dollar advances $4, after closing 2021 at $208.
Source: Ambito
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