The financial dollar falls and moves away from $300, while the MEP continues to rise

The financial dollar falls and moves away from 0, while the MEP continues to rise

Meanwhile, the MEP dollar -also valued with the Global 2030-, amounts $1.89 (+0.7%) to $285.72 and makes his second raise in a row. In this way, the spread with the official stands at 105.9%.

In the parallel market, on the other hand, the blue dollar is stable at $291according to a field survey in the Black Market of Currencies. Thus, the gap with the official dollar reaches to 110%, the lowest level in nearly two months.

The Minister of Economy is looking for ways to shore up the reserves of the Central Bank, reduce the fiscal deficit and calm the rising inflation to comply with the International Monetary Fund (IMF) in the next review of accounts. Massa will travel to the US next week to visit Washington and Houston, where he will hold meetings with the IMF and with businessmen, a visit considered key among analysts to see how the last quarter of 2022 ends.

official dollar

The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and the deductible 35% of Income Tax and Personal Assets- It is trading stable this Wednesday at $240.27. While the tourist dollar or card -retailer plus COUNTRY Tax, and a perception of 45% deductible from Income Tax and Personal Assets- operates without variations at $254.84.

“The pace of foreign exchange purchases is insufficient to meet one of the goals set with the IMF. Net reserves stand at 1.6 billion dollars and the goal is to reach 6.1 billion by September 30,” said analyst Ignacio Morales of Wise.

“It is estimated that during August the liquidation of foreign currency by agro-export companies will reach 3.1 billion dollars, well below the Government’s aspiration when implementing the ‘soy dollar’. The authorities dreamed of some 4.5 billion,” he added.

The Secretary of Economic Programming, Gabriel Rubinstein, denied rumors about an abrupt change in the market exchange from Thursday. “I assure you 100% that there will be no devaluation, at least not this Thursday,” the official said Monday through audio broadcast by local media.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts