In turn, the MEP dollar fell 57 cents (-0.2%) to $313.45, and added the third day to the thread of losses. Indeed, the spread with the official reached 87.7%. It is worth noting that the dollar stock market added $2.49 the previous week and, in turn, the maximum value of November was marked last Friday when it operated above $316.
In the parallel market, for its part, the blue dollar fell $3 to $315, so the gap with the official exchange rate reached 88.7%.
“It happens that the impossibility of fully renewing maturities is an important milestone”Gustavo Ber said and added: “This heightens concerns about successfully managing the large and concentrated maturities ahead. This is due to the fact that if it is not possible in front of the wall of the elections, a scenario of acceleration in the monetary issue could be opened, with negative implications not only on inflation but also on financial dollars in the face of greater coverage”.
Regarding this, it is important to remember that the Ministry of Economy managed to place debt for $260,000 million on Monday and renew all November maturities, paying rates of up to 89%.as reported by the Ministry of Finance.
On Monday, in addition, the Government restored a special exchange rate of $230 for soybean transactions, a measure that it already ordered in September, to stimulate its foreign currency settlements and strengthen the reserves of the Central Bank (BCRA). “The new edition of the ‘soybean dollar’ appears as a tool to meet the fiscal goals and net reserves with the IMF without making changes to the ‘administrative approach’ of the exchange market”, Delphos Investments said.
Qatar dollar price, Tuesday, November 29
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- It was up 98 cents to close at $348.28, very close to the symbolic $350 level, and about $30 above the blue.
This exchange rate applies to Consumption abroad with debit and credit cards over US$300 per month.
Price of the tourist dollar or card dollar, Tuesday, November 29
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- it rose 86 cents and traded at $304.76.
Savings dollar price, Tuesday, November 29
The dollar savings or solidarity dollar-which includes 30% of the tax COUNTRY and 35% deductible from Income Tax and Personal Assets- amounted to 81 cents and it settled at $287.35.
Price of the wholesale dollar, Tuesday, November 29
The wholesale dollar, that directly regulates the BCRA, it advanced 36 cents to $166.96.
Source: Ambito
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