While, the MEP dollar-also valued with the Global 2030- fell $6.29 (-2.2%) to $279.40. Consequently, the spread with the official exchange rate ended at 119%.
Thus, the dollar counted with liquidation and the MEP accumulated in two days a decrease of $9.01 (-3%) and $8.89 (-3.4%), respectively, after Monday’s announcements by the new Economy Minister who ratified that Argentina will maintain the goals agreed with the Fund and that there will be measures aimed at lowering the fiscal deficit.
Batakis, said at a press conference before the opening of the markets, “we are not going to spend more than we have” since “we need to give a certain order and balance to the public finances of the national state”.
official dollar
The dollar today -without taxes- rose 21 cents to $134.88 for saleaccording to the average in the main entities of the financial system, while in the Banco Nación advanced $1.25 to $134.75 for sale.
The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and 35% deductible of Earnings- increased 34 cents on average to $222.55.
And the The wholesale dollar, which is directly regulated by the BCRA, rose 24 cents to $127.59. In the first two days of this week, it rose 69 cents, against 65 cents of rise in the same period of the previous week.
Despite the slight increase in the rate of price adjustment, the official strategy maintains a bias towards moderate corrections, avoiding sudden jumps in the price.
The Central Bank left this Tuesday with a neutral position in the market, where the demand for energy was around 60 million dollars, said sources from the exchange market. In this way, the monetary authority has sold some $658 million in June and the annual accumulated exceeds US$1,200 million of reserve recovery.
For the second day in a row, the BCRA avoided net foreign exchange losses in a scenario of a low level of activity.
“All expectations are now reduced to hoping that the domestic scenario continues without the complications of the beginning of the second semester“, highlighted the analyst Gustavo Quintana.
Dolar blue
The The blue dollar erased practically all of the fall recorded the day before, and rebounded strongly this Tuesday for go back over $270according to a survey carried out by Ámbito in the Foreign Exchange Black Market.
The Casual Dollar raised $4 to $272, after scoring his first loss in four days on Monday as an initial reaction to the announcements of the Minister of Economy, Silvina Batakis.
Source: Ambito

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