While, The MEP dollar -also valued with the Global 2030- fell 3.2% to $315.50, while the spread stood at 143.2% against the official wholesale exchange rate.
In a week of high exchange rate tension, the CCL dollar ended with an increase of $24.98, while the MEP rose $23.1. The biggest rise was recorded on Thursday when the cash with liqui flew $21 and the stock dollar, $22.6. It was the biggest rise since Monday, July 4, the day after Martín Guzmán resigned as head of the Ministry of Economy, when stock exchange rates rose by nearly 10%.
This week also It was reported that the Central Bank (BCRA) will allow foreign tourists to sell up to US$5,000 at the financial exchange rate (MEP). It was also decided to include the possession of Argentine Certificates of Deposit (Cedears) in the availability limit of US$100,000 that companies can have accessing the official foreign exchange market. The maximum amount allowed by this mechanism will be up to US$5,000.
Finally this Friday Central Bank bought dollars for the first time in the week and ended with a positive balance of US$45 million this Friday. In this way, the monetary authority accumulated a negative balance of almost US$300 million in the week. In the month, Official losses now exceed US$920 million and continue to be the most important so far this year.
Dolar blue
In a week of extreme uncertainty and high doses of volatility, the Dolar blue hit another jump, this time of $45, and reached a nominal intraday maximum of $350 this Friday, according to a survey by Ámbito in the Black Market of Currencies.
The parallel dollar increased $1 this Friday to $338, a new nominal record at the close, after trading above $340 for most of the day.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
