Financial dollar stopped climbing, but the gap remained above 100%

Financial dollar stopped climbing, but the gap remained above 100%

Meanwhile, the MEP dollar -also valued with the Global 2030- it yielded 0.7% to $247.90. Consequently, the spread with the official exchange rate reached 97.6%.

After the major exchange controls of the Central Bank decreed last Monday, the Financial exchange rates accumulated a rise of about $15 (+6.5%) in the week.

The limits on imports that the BCRA imposed this week, in an attempt to combat the shortage of foreign exchange, will generate an acceleration of inflation and a fall in the level of activitymaintained market analysts.

“A very complex week is coming to an end, with more and more official intervention in the face of a not-so-encouraging outlook, because investors fear more measures that will reduce liquidity under the threat of losing more reserves and that inflation will reach three digits,” explained a financial analyst.

Despite the fact that the board of the International Monetary Fund (IMF) approved the first review of the agreement with the country for a debt of 44,000 million dollars, doubts remain about the fulfillment of the next quarterly goals that include reinforcing the reserves of the BCRA, reduce the fiscal deficit, lower inflation and cut subsidies.

official dollar

The dollar today -without taxes- rose 25 cents to $130.69 for saleaccording to the average in the main entities of the financial system, while at Banco Nación the note increased 25 cents to $130.25 for sale.

Thus, the savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax and 35% deductible of Earnings- it rose 41 cents on average to $215.64.

Meanwhile, the wholesale dollar rose 22 cents to $125.45, through the usual regulation of the BCRA, an entity that had to sell about 190 million dollars this Friday, to accumulate some 1,300 million in the week, after expanding its intervention with some 1,800 million dollars in the first half.

“There is fear of devaluing the official, which is essential to close an unbearable gap that stimulates the national sport of taking dollars from the BCRA,” they said from Cohen.

The monetary authority announced that as of next week, purchases made abroad by postal mail cannot be financed in installments either, in another decision with the idea of ​​safeguarding its reserves.

Dolar blue

The blue dollar increased $1 this Friday to $239, after posting its first drop in two weeksaccording to a survey by Ámbito in the Black Market of Currencies.

The parallel dollar thus accumulated an advance of $13 in the week, the most important for this period in a year, in a market that maintains exchange rate tension, and that led many cave growers to postpone operations due to price volatility.

Thus, the exchange gap between the informal dollar and the wholesale official exchange rate was 90.5%.

In June, the blue dollar rose $31, which represents its biggest monthly advance in the year, after ending May at $207.

So far this year, the informal dollar has advanced $30, after closing 2021 at $208.

Source: Ambito

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