Meanwhile, the MEP dollar-also valued with the Global 2030- climbed 7.5% to $326.1, the spread stood at 151.6% against the official wholesale exchange rate. Thus this day the CCL grew $21 and the MEP $22.6. An increase of such magnitude had not been registered since Monday, July 4, the first day after the resignation of Martín Guzmán as head of the Ministry of Economy, when stock exchange rates rose by nearly 10%.
The Minister of Economy, Silvina Batakis, headed this Thursday a new meeting of the economic cabinet. There it was decided that The Central Bank (BCRA) will allow the sale of foreign currency in entities authorized to operate in the exchange market with the presentation of the identification documentation used to enter the country. Thus, foreign tourists will be able to sell up to US$5,000 at the financial exchange rate (MEP).
The Economist Frederick Glustein consulted by Ámbito assured about this measure that it presents “an alarming level of ignorance of the situation. When they promoted the creation of accounts to contribute to MEP for tourists, not a single one was opened. Anything that requires bureaucracy, the person entering the country did not sum, it does not use it, it generates conflict” and added: “Instead of simplifying, they make it more complex, contrary to what the exchange scenario requires”.
Also the Board of Directors of the Central Bank decided this day to include the holding of Argentine Deposit Certificates (Cedears) in the availability limit of US$100,000 that companies that access to the official exchange market. The maximum amount allowed by this mechanism will be up to US$5,000.
Dolar blue
out of control, the blue dollar makes a jump of almost $20 and reaches a new all-time high, according to a survey carried out by Ámbito on the Foreign Exchange Black Market, on a day in which The Government announced a couple of foreign exchange measures, seeking to curb the dynamics of the informal exchange rate.
The parallel dollar jumps $10 and is selling at $336 (after hitting an intraday high of $338), which remains the most expensive exchange rate in the market.
Thus, the exchange gap with the wholesale official exchange rate jumps to 159.3%, the highest level in 40 years.
This Thursday, the Government announced that it will facilitate the liquidation of foreign currency from foreign touristswho will be able to sell up to US$5,000 at the financial exchange rate (MEP)and that it will improve the conditions of access to the exchange market for the payment of imports of inputs for “strategic sectors”.
Source: Ambito
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