Financial dollar stops escalation and operates below $300 after Batakis measures

Financial dollar stops escalation and operates below 0 after Batakis measures

While, the MEP dollar -also valued with the Global 2030- falls 1.6% to $284.80. Consequently, the spread with the official exchange rate is 123.55%.

The monetary authority remains at the center of the scene as operators remain attentive to all its movements on multiple monetary and foreign exchange fronts, since they are crucial to assess its effects on the dollar and the debt in pesos.

“Financial dollars -and the ‘gap’- they continue to act as ‘thermometers’ of investor sentiment, and in that sense today they are loosening somewhat from the highs while political and economic signals continue to be monitored in a delicate scenario of an excess of pesos and a lack of dollars,” said analyst Gustavo Ber.

Dolar blue

The The blue dollar records its first drop in four days this Monday, July 11, and pierces $270, from its nominal record at closingaccording to a survey carried out by Ámbito in the Foreign Exchange Black Market.

The Casual Dollar drop $6 to $267, After accumulating last week, it accumulated a jump of $34, in a period of great volatility and some confusion among the cueveros due to a disparity in prices.

All in all, the exchange rate gap with the wholesale official exchange rate falls to 109.6%.

During July, the blue dollar accumulates a rise of $29, which represents its biggest monthly advance in the year so far, after ending June at $238.

So far this year, the informal dollar has advanced $59, after closing 2021 at $208.

official dollar

The dollar today -without taxes- advances 63 cents to $134.52 for sale this Mondayaccording to the average in the main entities of the financial system, while in Banco Nación raises the bill 25 cents to $133.50 for sale.

The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and 35% deductible of Earnings- it amounts to $1.04 on average to $221.96.

The wholesale dollar, which is directly regulated by the BCRA, rises 60 cents to $127.40, after accumulating an advance of $1.35 last week, the biggest correction since October 2019in a period of high volatility after the resignation of Martín Guzmán and the assumption of Silvina Batakis as head of the economic portfolio.

On Friday, the Central Bank sold US$100 million with energy demand exceeding US$130 million, at a time of low foreign exchange liquidation. Since the beginning of the month, the monetary authority has sold some US$738 million, the worst start to a month in more than a year of operations.

Source: Ambito

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