MEP dollar fell more than $7 and touched its lowest value in almost 2 months

MEP dollar fell more than  and touched its lowest value in almost 2 months

Meanwhile, the dollar Cash with Liquidation (CCL) -also operated with the Global 2030- it sank $5.83 (-2%) to $282.91, its lowest value in almost three weeks. Thus, the gap with the officer fell to the 101.7%.

It should be remembered that in August, the cable dollar ended with a rise of $4.55 or 1.6% compared to July and thus accumulated five consecutive monthly increases.

It was given as a reaction to the Government’s announcement of granting a differential value of $200 for the dollars liquidated by soybean exporters, with the idea of ​​immediately reinforcing the reserves of the Central Bank.

During September, Argentina will offer farmers a more favorable exchange rate than the official one to speed up their sales pace, the economy minister said on Sunday. Sergio Massa, prior to his trip to the United States where he will meet with representatives of the IMF and businessmen.

“The soybean dollar of 200 pesos represents an appreciable improvement for the producer, and liquidations may accelerate (…) Although sooner or later the greater monetary issue ends in inflation and/or greater demand for imports,” said Roberto Geretto, of the Fundcorp investment fund.

Likewise, the parallel dollar fell $15 this Monday to $270 and hit its lowest in more than a month. Meanwhile, the gap with the official wholesale exchange rate was reduced to 92.5%, the lowest level in two months. During August, the blue dollar fell $6 after ending July at $296.

official dollar

The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and the deductible 35% of Income and Personal Property Tax- won $1.96 to $242.63 and the gap to blue narrowed to less than $27.

Meanwhile, the tourist dollar or card -retailer plus COUNTRY Tax, and a perception of 45% deductible from Income Tax and Personal Assets- advanced $2.1 this Monday to $257.34 for sale. During August, it registered an increase of $13.72 or 5.7%.

while el Dollar Wholesale, directly regulated by the BCRA, this monday rose $1.22 a $140.25. During August, this exchange rate registered an advance of 5.7%, the highest monthly correction since March 2019.

Source: Ambito

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