The appointment of Batakis “what marks is that indeed the weakness of the president (Alberto Fernández) today is very great, could not appoint a Minister of Economy more aligned with his position“, said María Castiglioni of C&T Economic Advisors.
This Monday “was a busy day waiting for definitions, but the truth is that this scenario marks a significant degree of uncertainty,” he added.
This Monday’s holiday in the US restricted operations in the local market, which were limited to those that are settled on Tuesday and those that were operated this Monday against the entities’ own accounts at the BCRA.
In this context, the dollar today -without taxes- rose $1.38 to $132.07 for sale this Monday, July 4, the highest rise since October 2020according to the average in the main entities of the financial system, while at Banco Nación the note rose $1.25 to $131.50 for sale.
Price of the solidarity dollar, Monday, July 4
The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and 35% deductible of Earnings- advanced $2.29 on average to $217.92.
Wholesale dollar price, Monday, July 4
The wholesale dollar, which is directly regulated by the BCRA, rose 50 cents to $125.95.
The wholesale exchange rate rose by 4.185% in June, somewhat below the 4.241% registered in the previous month.
Price of the CCL dollar, Monday, July 4
The dollar “counted with liquid” (CCL) -operated with the Global 2030 bond- rises 11.3% to $280.77, from its historical nominal record. Thus, the gap with the wholesale exchange rate reaches 122.9%.
Price of the MEP dollar, Monday, July 4
Meanwhile, the MEP dollar -also valued with the Global 2030- shoots up 9.1% to $270.45. Consequently, the spread with the official exchange rate reaches 114.7%.
Blue dollar quote, Monday, July 4
The parallel dollar jumped $21 to $260, after hitting a record $280 earlier in the day. Thus, the exchange rate gap between the informal dollar and the wholesale official exchange rate escalates to 107.25%, the highest level since October 2020.
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 $52, after closing 2021 at $208.
Crypto dollar price, Monday, July 4
The crypto dollar or Bitcoin dollar rises 2.8% to $287.97based on the average across local exchanges reported by Coinmonitor.
Source: Ambito
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