For his part, the MEP dollar -also valued with the Global 2030- climbed 5.2% to $284.32. Consequently, the spread with the official exchange rate was increased at 124.6%.
About, Gustavo Berin dialogue with Ambitmaintained that on this day “Financial dollars remained firm on the way to their highs reflecting local political and economic uncertainty.
Another market analyst told this same medium that “The rumors do not help and the feeling that nothing changes either, possibly we will see it at these levels that reflect that stress”.
In order to preserve your dollars, the BCRA also restricted this Thursday the possibility of paying in installments with cards for consumption in duty-free storesextending the prohibition that applies to international tourist tickets and services, and products from abroad that are received through the door-to-door system.
Christian Butlerfinancial analyst, in declarations with Ámbito, believed that the CCL “It reached almost $300 pesos, a very high value” which, among other causes, is due to the fact that “on Wednesday there was a statement by the new minister about what could happen with dollars abroad, plus the BCRA measures complicating imports.” “If most of the companies that have to import have to do it at the value of the CCL or MEP dollar, here we have the result,” she launched.
“First these values are triggered and second you are going to have a significant inflationary jump because you are talking about double the value of the official dollarButeler added, saying “there is still very nervous that causes this rise in the exchange rate, exaggerated for me, but It will depend on the measures that the Central Bank and the Minister of Economy will take”.
Beyond all this, in the last Leliqs auction, the Central Bank did not refinance all maturities and tried to transfer private liquidity to Treasury instruments. About, Juan Pablo Albornoz, economic analyst at Ecolatinatold Ámbito that “the market perceives the Central Bank as less risky than the Treasury. A perception that, in the long run in a context of fiscal dominance such as the current one, does not make much sense.”
By not being able to place that liquidity with Central Bank instruments, the analyst pointed out that probably the market turned to sureties. The 1-day security rate less than a week ago was around 39% TNA and this Thursday it closed below 24%.
“Very possibly the rise in financial dollars is more associated with this very low cost of leverage with sureties (the small rebound in CER securities is also possibly a response to this),” he said, but added that “the rumors of growing restrictions do not help the exchange rate dynamics.
Dolar blue
The The blue dollar ended on the rise this Thursday, after cutting the initial low in which it hit an intraday low of $251, according to a survey by Ámbito in the Black Market of Foreign Exchange, in the midst of the exchange rate tension due to the changes at the head of the Ministry of Economy.
The The note rose to $2 and ended at $257, with which the exchange gap between the informal dollar and the wholesale official exchange rate was reduced to 103%.
official dollar
The The Central Bank sold US$80 million this Thursday, with a demand for energy that exceeded US$170 million, at a time of low foreign exchange liquidation. Since the beginning of the month, the monetary authority has sold some US$638 million, the worst start to a month in more than a year of operations.
In this context, the dollar today -without taxes- rose cents to $133.27 for sale this Thursdayaccording to the average in the main entities of the financial system, while in the Banco Nación the note advanced 25 cents to $132.25 for sale.
The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and 35% deductible of Earnings- it rose 70 cents on average to $219.90.
The wholesale dollar, which is directly regulated by the BCRA, rose 17 cents to $126.56.
With a round to go to finish this week, the wholesale exchange rate accumulates increases of $1.11 against a rise of $0.99 in the first four days of the previous week.
Source: Ambito
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