While, the MEP dollar -also valued with the Global 2030- grew 1.9% during the day and closed at $284.59, so the gap against the official exchange rate reached 109.5%.
For its part, the blue dollar It rose $2 this Wednesday to $295, according to a survey by Ámbito en el Mercado Negro de Currencies. In this way, the gap with the official dollar was 120%, after having climbed to 160% on July 22, its maximum in 40 years.
“The new minister will now have to show concrete results in terms of reserves and fiscal consolidation -among other issues-. Without these, it will be difficult for Argentine assets to fully recover“, said Emiliano Anselmi of Portfolio Personal Investments.
The bleeding of reserves by the Central Bank is one of the critical points on which analysts issue warnings: in the last ten rounds, The monetary authority accumulated net sales of US$1,203 million, the longest negative streak in two years.
This Wednesday, however, the Central Bank made the first purchase of the month, for about US$15 million, with a moderate demand for energy that stood at US$50 million.
This day, in addition, the first soybean sales operations were carried out with the 70/30 scheme. “There were a dozen operations of little amount, concentrated in a single cooperative entity. They served to check the operation of the system for the bank and for the farmers to certify that the scheme works,” BCRA sources.
In this context, the savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and the deductible 35% of Income Tax and Personal Assets- ended unchanged at $232.27. For its part, the tourist dollar or card -retailer plus COUNTRY Tax, and a 45% deductible perception of Income Tax and Personal Assets- closed stable at $246.56.
Source: Ambito
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