For his part, the stock dollar remains unchanged and operates at $355.28. The spread with the wholesaler stands at 85.1%.
He Dolar blue, extends its bullish streak, rises $1 and is offered at $380.
In this context, the Central Bank accumulates a selling balance in the exchange market for some US$480 million in February, a worrying trend due to the loss of reserves also as a result of the repurchase of bonds.
In the local field, the Government will publish on Tuesday its January retail price index (CPI), which according to a Reuters poll would show an average of 6%, a high level to drag annual inflation towards almost 100%, after 94.8% in 2022.
In this sense, Jose Ignacio de MendigurenSecretary of Industry and Productive Development, said Monday that heto January inflation it will be higher than that of December, when it registered 5.1%.
The BCRA in February it has not been able to add reservations. “So far this month, the monetary authority has a selling balance in the exchange market of more than US$400 million, and it is also losing reserves for the purchase of bonds,” said Fundcorp’s Roberto Geretto.
“Thus, it is more than US$2,000 million below the end-of-March reserve target of the agreement with the International Monetary Fund (IMF). Therefore, everything is given for there to be more stocks and a new soybean dollar.”
In this context, the review carried out by the mission of the International Monetary Fund (IMF) of the country’s accounts is added, within the framework of the agreement signed a year ago that establishes goals for the accumulation of BCRA reserves and the financing of the fiscal deficit, among other objectives. The goal is for international reserves to increase by 4 billion dollars this year.
Analysts expect the government to implement some incentive for agricultural exportss offering a preferential exchange rate, in line with the so-called ‘soybean dollar I and II’ of last September and December.
For his part, the general increase in prices in the United States advanced 0.5% month-on-month in January, aligned with what is expected by the market. Thus, inflation in year-on-year terms rose to 7.1%, less than what analysts’ expectations suggested and below the 7.7% in October, which confirms the slowdown in the rise in prices.
Qatar dollar price, Tuesday, February 14
He qatar dollar -which includes 30% of the COUNTRY tax, 45% deductible from Income Tax and Personal Property Taxand a new perception of 25% on account of Personal Assets- rises 68 cents and is offered to $398.24.
This exchange rate applies to consumption abroad with debit and credit cards over $300 per month.
Price of the tourist dollar or card dollar, Tuesday, February 14
The tourist dollar or retail card plus 30% of the COUNTRY Tax, and a perception of 45% deductible from the Income Tax and of Personal property for consumption with cards abroad of up to US$300 per month- appreciates 60 cents and operates at $348.46.
Savings dollar price, Tuesday, February 14
The dollar savings or solidarity dollar -which includes 30% of the tax COUNTRY and 35% deductible from Income Tax Earnings and Personal Property– It becomes 56 cents more expensive and trades at $328.55.
Price of the wholesale dollar, Tuesday, February 14
The wholesale dollar, that directly regulates the BCRA, climbs 42 cents and trades at $192.07. It was the highest rise for a Monday since last December 12.
More notes on Dollar and Dollar blue
Source: Ambito
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