24hoursworld

The financial dollar is heading to end the week higher than $25

The financial dollar is heading to end the week higher than $25

In turn, the MEP dollar rises $4.31 (+1.4%) to $318.18, its highest value since the end of July. Consequently, the spread with the official reaches 95%.

In the parallel market, for its part, the blue dollar yields $1 to $306. Thus, the gap with the official reaches 87.6%.

The inflationary escalation that could reach 100% this year, a high fiscal deficit, few reserves in the Central Bank (BCRA) and political and social tensions create an uncertain climate among investors looking for hedges.

“Financial exchange rates continue to recover ground in the face of inflation and the yield of interest rate placements, pushed by the perception of a certain relative delay and an increase in liquidity in the market due to the acceleration of the purchases of bonds in pesos of the BCRA (+$210,000 million in the last 30 days)”, commented from Delphos Investment.

It should be remembered that the Government achieved this week a currency swap agreement with China to quickly access BCRA liquid reserves, while the International Monetary Fund (IMF) analyzes internal accounting numbers to see the level of compliance with the commitments assumed for the third quarter of the year.

The reserves available for the BCRA add up to “5,000 million dollars as a result of the release of part of the swap after the agreement with China (…) We have 10,000 million (dollars) available to work in the single free exchange market” with what provided by agro-exporters in September, Economy Minister Sergio Massa told the press.

Savings dollar price, Friday, November 18

The dollar savings or solidarity dollar-which includes 30% of the tax COUNTRY and 35% deductible from Income Tax and Personal Assets- increases 59 cents to $280.83.

Price of the tourist dollar, Friday, November 18

The tourist dollar or card -retailer plus COUNTRY Tax, and a perception of 45% deductible from Income Tax and Personal Property Tax for consumption with cards abroad of up to US$300 per month- goes up 63 cents to $297.85.

Qatar dollar price, Friday, November 18

The new qatar dollar -which includes 30% of the COUNTRY tax, 45% deductible from Income Tax and Personal Property TaxY a new perception of 25% on account of Personal Assets- increases 72 cents to $340.40.

It is worth noting that this exchange rate applies to Consumption abroad with debit and credit cards over US$300 per month.

Price of the wholesale dollar, Friday, November 18

The wholesale dollar, that directly regulates the BCRA, it rises 29 cents to $163.14.

Price of the crypto dollar, Friday, November 18

The crypto dollar or Bitcoin dollar earn 1% and quote to $321.09, based on the average among local exchanges reported by Coinmonitor.

Source: Ambito

Leave a Reply

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

Latest Posts