For his part, the MEP dollar -also valued with the Global 2030- rebounds 1.6% to $273.75. Thus, the spread with the officer reaches 92%.
In the informal market the blue dollar increases $1 and is trading at $273 for sale, according to a field survey in the Black Market of Currencies. Indeed, the gap with the official dollar is 90.7%.
At the local level, all eyes are on the active sale of dollars from soy agro-exporters, waiting for the high inflation data for August to be released this Wednesday.
For the moment, the recovery of reserves from the Central Bank (BCRA) helped to calm the exchange rate.
The macroeconomic goals provided for in the agreement signed between the International Monetary Fund (IMF) and Argentina will continue unchanged. The country’s economy minister, Serge Massa, held meetings in Washington on Monday with US Treasury Secretary Janet Yellen and IMF Managing Director Kristalina Georgieva.
“Massa’s trip was politically successful, but in the United States they demanded real adjustments to the economy in order to address the crisis of the fiscal deficit, inflation, unemployment and poverty,” expressed an analyst of foreign private banking.
The Survey of Market Expectations (REM) released last Friday by the BCRA showed that analysts expect inflation of 6.5% monthly for August, while the average of the TOP-10 of the best forecasters estimates it at 6.8%, after reaching the previous month its highest level in 20 years.
The economic team would be evaluating a new debt swap in pesos, with the aim of alleviating the November and December maturities, they commented on the market. According to operators, the idea under evaluation would be dual-style titles offered by 2024.
official dollar
The dollar today -without taxes- rises this Tuesday, September 13, 10 cents to $149.53 for sale, according to the average that arises from the banks of the local financial system. In Banco Nación, meanwhile, the retail note is sold at $148.75.
The savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax and the deductible 35% of Income Tax and Personal Assets- earn 16 cents at $246.72.
Meanwhile, the tourist dollar or card -retailer plus COUNTRY Tax, and a perception of 45% deductible from Income Tax and Personal Assets- advances 18 cents to $261.68.
Likewise, the wholesale dollar, directly regulated by the BCRA, increase 32 cents this tuesday to $142.60.
The BCRA, which It comes from adding about 170 million dollars to its reserves on Monday, after increasing them by about 1,050 million last week.
The Government expects to add at least 5,000 million dollars for reserves in September from soybean producers, to whom it recognizes 200 pesos for each dollar settled, compared to an official exchange rate of around 35% less.
To boost rural settlements, the BCRA has set a higher financing rate for soybean farmers who retain their production. In addition, the monetary entity is expected to increase the reference rate due to inflationary pressure.
Source: Ambito
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