Taking into account the 21 most relevant respondents, a wide range of values is derived from the wholesale exchange rate. Among the most optimistic are Mapfre Economics and Moody’s Analytics who expect a value that will not exceed $300 and will be located at $268 and $292 respectively.
Near $300 are the projections of HSBC ($305), BBVA Argentina ($315) and Fitch Solutions, balance, ecolatin and alphabetbwhich they expect to be located at $320.
For his part, Supervielle estimates that it will reach $329 while Citigroup Global Markets projects that it will sit at $330. For Santandertowards the end of the year it will reach $338 and by the Galiciait will come to $339.
Itaú estimates that it will settle at $345, immediately followed by the expectation of econometric at $346 and the Quantum Finance, the financial advisory firm run by Daniel Marx, adviser to Economy Minister Sergio Massa, which projects it to be at $348.
On the other side of the $350 they locate it Invecq. The next one positions it more than $10 above and is GCL which projects a wholesale value of $361. Ecoviewsfor its part, expects it to be located at $375, while OJF Associates puts it at $380.
For JP Morgan will be located at the end of 2023 at $390 and for empiriathe consultant for the former Minister of Finance, Hernán Lacunza, at $395, immediately followed by FIEL’s projection of around $397.
Above $400, two consultants stand out. Aurumwhich he expects to reach $435 and eco gothe consultant of the economist Marina dal Poggetto, which declares the highest value surveyed and places it at $474 for December 2023.
The analysts consulted in the Survey of Market Expectations of the Central Bank corrected their projections of the downward nominal wholesale exchange rate. They expect the exchange rate to reach $327.75 in December 2023 ($0.57 below the previous survey), that is, 89.6% more than at the end of 2022.
Source: Ambito
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