Meanwhile, the MEP dollar it climbed $14.68 (+4.5%) to $342.38, marking a spread with the official 89.2%.
In the parallel market, for its part, the Dolar blue went up another $2 and scored a new nominal record of $361according to a survey of Ambit in caves of the City of Buenos Aires. Indeed, the gap with the official it reached 99.5%.
Global markets showed a fall in the dollar after the spread of a drop in consumer prices in the United States in December for the first time in more than two years, strengthening the possibility that the Federal Reserve will further reduce its pace of rate hikes.
The Argentine peso ratified its devaluation process in the face of a seasonal demand for dollars in the tourist season of the southern summer. Hedges of positions are also encouraged by a notorious surplus of pesos after the recent payment of interest linked to sovereign debt.
Meanwhile, hedging of positions is also encouraged by a notorious excess of pesos after the recent payment of interest linked to sovereign debt, commented operators.
For his part, The Rosario Stock Exchange (BCR) made sharp cuts to its crop estimates for soybeans and corn 2022/23, now at 37 million and about 45 million tons respectively, due to the impact of the worst drought in 60 years in hitting the key food exporter. This reality will have a strong economic impact, according to the Grain Exchange of Buenos Aires, with a retraction equivalent to 1.8% of GDP in 2023, which would lead the country to lose up to 11,628 million dollars in grain exports.
Qatar dollar price, Thursday, January 12, 2023
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- 10 cents became more expensive and ended at $376.52.
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, Thursday, January 12, 2023
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- went up 9 cents and offered to $329.46.
Savings dollar price, Thursday, January 12, 2023
The dollar savings or solidarity dollar-which includes 30% of the tax COUNTRY and 35% deductible from Income Tax and Personal Assets- increased 8 cents and reached the$310.63.
Price of the wholesale dollar, Thursday, January 12, 2023
The wholesale dollar, that directly regulates the BCRA, it appreciated 30 cents and closed at $180.97
Source: Ambito
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