The financial dollar stopped its upward march: CCL and MEP fell to $7 after hitting all-time highs

The financial dollar stopped its upward march: CCL and MEP fell to  after hitting all-time highs

In the bag, andl dollar “counted with liqui” (CCL) -operated with the Global 2030- fell $7.02 (-2.5%) to $274.16, after touching $285 on Monday, its historical nominal record. Thus, the gap with the wholesale exchange rate narrowed to 117.2%.

Meanwhile, the MEP dollar -also valued with the Global 2030- it fell $7.11 (-2.6%) to $265.28. Consequently, the spread with the official exchange rate was reduced to 110.2%.

The resignation of Martín Guzmán as head of Economy and the appointment of Silvina Batakis as head of the portfolio, created a climate of uncertainty in recent days in the financial market, which was reflected in the prices of financial dollars.

“In recent times, the financial dollar was far behind. And although it had started to rise, it was still behind if you adjust for inflation”he reminded Ámbito, John Paul AlbornozEcolatina economist.

Now, “if you look at it in historical terms, by real exchange rate, I wasn’t lagging behind at all. But since the departure of Minister Guzmán and until the presentation of the new head of Economy, an unusual level of uncertainty was generated, with rumors even of a bank exchange holiday, which substantially modified the scenario “Albornoz said.

In this regard, he noted that “Today the market does not have the expectation that the current situation of uncertainty can improve.”

the heterodox Silvina Batakis She was elected Minister of Economy on Sunday after the untimely resignation of Martín Guzmán, who left office citing strong opposition to his management by the wing headed by Vice President Cristina Fernández de Kirchner.

The new minister will have to face a inflation of more than 70% per year, a high fiscal deficit and a stagnant economy while maintaining a dialogue with the International Monetary Fund (IMF), with which the country restructured a debt of 44,000 million dollars this year.

Dolar blue

The parallel dollar fell $8 to $252, after touching a record $280 at the start of the previous session. A) Yes, the exchange gap between the informal dollar and the wholesale official exchange rate narrowed to 99.7%.

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 $44, after closing 2021 at $208.

official dollar

The dollar today -without taxes- rose 47 cents to $132.54 for sale, after registering the highest rise since October 2020according to the average in the main entities of the financial system, while at the Banco Nación the note climbed 25 cents to $131.75 for sale.

Thus, the savings dollar or solidarity dollar -which includes 30% of the PAÍS tax and the 35% deductible of Earnings- advanced 77 cents on average to $218.69.

The wholesale dollar, which is directly regulated by the BCRA, rose 15 cents to $126.20.

In the first two days of the week, the wholesale exchange rate rose 65 cents, against a 63-cent increase in the first two days of the previous week.

The Central Bank sold US$180 million, with a demand for energy that exceeded US$150 million, at a time of low foreign exchange liquidation. In this way, in the first two wheels it disbursed US$290 million.

Source: Ambito

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