The parallel dollar is located close to $290. Meanwhile, financial dollars oscillate around $280. So far, the savings dollar is the cheapest on the market, although you can only get $200. But is it a good investment?
the financial analyst Salvador DiStefano try to answer this question. “With this official exchange rate there is no possibility of replenishing reserves. The alternative dollars will continue to rise, the current price is very competitive. At a price of $280, the alternative dollar is a very good investment, much better than any rate-linked instrument. of interest, except for the fixed term that adjusts for inflation,” he said on his Twitter account.
UVAs are also still in the running. According to information from the Central Bank, the stock of UVA time deposits exceeded $400,000 million for the first time. It was after noting in July its sixth consecutive month with a double-digit monthly advance and accumulating growth of more than 145% in the year.
As of the end of July, traditional time deposits grew 16.8% while UVA grew 28.8% more than at the end of May and it is expected that with the inflation data, many savers will renew again or keep pouring into this instrument.
Banks also offer the possibility of pre-cancelable “UVA + 1%” fixed terms, as an investment option at a positive real rate for savers, since they offer a minimum rate of 1% per year on the interest rate equivalent to the Index of Consumer prices reported by the Indec plus the annual rate of 1%, which allows maintaining the purchasing power of savings and beat inflation by one point, if the contractual term of 90 days is met.
The particularity of this product is that it has the option of pre-cancellation from 30 daysalthough with interest rates equivalent to 85% of the TNA given by traditional fixed terms.
For analysts, the fixed term UVA continues to agree due to the increase in inflation. The increase in the rate validates that inflation will be around 80%, which guarantees that the UVA will continue to pay.
Source: Ambito
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