In the Buenos Aires stock market, the dollar “counted with liqui” (CCL) -operated with the Global 2030 bond- it rose $1.37 (+0.6%) to $239.11, the nominal maximum since last January, with which the gap with the wholesale exchange rate stood at 95.2%.
For its part, the MEP dollar-also valued with the Global 2030- it rose $4.59 (+2%) to the unprecedented $231.96, so the spread with the official exchange rate reached 89.4%.
The financial day was concentrated on the combo of the Treasury tender, which managed to cover maturities and obtained net funding, and the inflation data, which reached 5.1% in May, slightly below the market projection (REM had calculated 5.2%).
In this framework, pressures on financial dollars are growing, with a gap that returns to very high levels close to 100% in the CCL. “To the expectation of more pesos, less dollars towards the second semester, the noise about the CER titles is added, which could require a greater monetary issue in case investors’ confidence is not quickly recovered, and the international climate of ¨risk-off¨ that activates the search for coverage and this accentuates the challenges”pointed out a specialist.
All this occurred within a climate of uncertainty where the BCRA is still unable to add reserves (this Tuesday it sold US$60 million), despite the seasonal higher supply of the field.
Thus, the meager positive balance of June was erased, which was -u$s5 million. “This is the worst monthly accumulated of the year, well below June 2021 (US$496 million), while the annual accumulated amounts to US$907 million, stagnant for a month,” they commented from PPI.
They added that “sales, particularly in this month of the year, where the demand for energy import payments has not yet reached its peak, does not anticipate good news for the FX in the second half.”
official dollar
The dollar today -without taxes- rose two cents this Tuesday, June 14, and reached $127.62 according to the average in the main entities of the financial systemwhile at Banco Nación the note increased 25 cents to $127.50 for sale.
The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and 35% deductible of Earnings- advanced three cents to $210.57 on average.
The wholesale dollar, which is directly regulated by the BCRA, rose 20 cents to $122.50.
Dolar blue
The The blue dollar jumped another $8 this Tuesday and broke a historical nominal record, according to a survey by Ámbito in the Black Foreign Exchange Market.
With everythingthe exchange rate gap between the blue dollar and the official wholesale dollar widened to 82.9%, its highest level since late April.
Despite the new jump, the Informal dollar still maintains a gap against financial dollars.
Source: Ambito
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