For its part, the MEP dollar -valued with the Global 2030- dropped $3.57 (-1.2%) to $298.25, whereupon the spread with the officer reached 103.9%.
In the informal market, meanwhile, the blue dollar fell $1 (-0.4%) to $286according to a field survey in the Black Market of Currencies. While, the gap with the official dollar stood at 95.5%.
The drop in parallel exchange rates was in the opposite direction to the trend of the currency in the regionwhere the rise in the currency in Brazil stood out. There, the real extended losses against the dollar and touched the barrier of 5.40 units, thus extending the decline that began last week in the face of fears of a recession in the world economy.
The Brazilian currency fell to its lowest level in two months and after noon it operated with a drop of 2.8%, to 5.3973 units per dollar. At its session low, the currency reached devalue 2.89%, to 5,400 units per dollar, a floor not seen since July 25.
At the local level, This week the application of the differential exchange rate for soybean exporters, the soybean dollar, ends, which allowed the Central Bank (BCRA) to recover reserves in the midst of an adverse economic context due to runaway inflation and high fiscal deficit.
“The ‘soybean dollar’ ends with the month, the doubt is that it can happen later. Again, everything suggests that between devaluing, unfolding or repressing, the Government will continue to choose the latter, where the stocks will increase with the addition of some differentiated exchange rate”, estimated Roberto Geretto of Fundcorp.
“Thus, the idea of avoiding the costs of a devaluation in terms of inflation and activity continues to prevail, but at the cost of having the same effects in comfortable quotas through greater restrictions in the exchange market and a BCRA accelerating the sliding of the official dollar”estimated.
The market already discounts the application of a Greater pressure on dollars destined for tourism, a scheme similar to that applied to purchases abroad.
In the last week with a special exchange rate of $200 per dollar for soybean exporters, the Central Bank bought US$344 million on the market this Monday and accumulated more than US$3.6 billion in the monthaccording to official sources. Likewise, due to operations with the soybean dollar program, US$449 million were settled in the wheel, they added.
official dollar
Meanwhile, the dollar today -without taxes- rose 77 cents to $153.02 for saleaccording to the average that emerges from the banks of the local financial system. At Banco Nación, meanwhile, the retail bill earned $1 at $152.25 – without taxes.
In addition, the dollar saved or solidarity dollar-which includes 30% of the COUNTRY tax and 35% deductible of the Income Tax and of Personal property– earned $1.27 from $252.47.
The tourist dollar or retail card plus COUNTRY Tax, and a perception of 45% deductible from the Income Tax and of Personal property– raised $1.35 at $267.77.
While the wholesale dollar, which is directly regulated by the BCRA, increased 82 cents to $146.26.
Source: Ambito
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