In the same tune, the MEP dollar -operated with the Global 2030 bond- yields 53 cents (-0.2%) at $354.75. Indeed, the spread with the wholesaler stands at 84.4%.
In the parallel market, in turn, the Dolar blue listed without changes at $379.
After meeting on the eve high inflation (CPI), which was 6% in January and reached 98.8% in the interannual measurement, investors are induced to make placements in the stock market as hedges, comment operators.
A decrease in foreign currency settlements of the agro-export sector and a recent foreign debt buyback plan hits the reserves of the monetary entity and it jeopardizes the fulfillment of the goals set out in a credit agreement with the International Monetary Fund (IMF) signed a year ago.
Persistent foreign currency needs of the market to face maturities forced the BCRA to dispose of some US$516 million so far in February, coincide operators. Gross international reserves total some US$40 billion, according to provisional official data as of Tuesday.
“Net international reserves are located at US$3,209 million and accumulate a setback of US$1,336 million in February due to the cancellation of interest with the IMF and sales in the exchange market -MULC-“said the consultancy Eco Go.
“Regarding the payments to the IMF, after the payment of interest for almost US$700 million, the government’s dollar deposits remained around US$529 million, being insufficient for the payment of the March amortization and the maintenance of the buyback program,” he estimated.
IMF officials are reviewing the goals set with the country with a view to an upcoming disbursement of some US$5.4 billion.
The Government announced in mid-January a repurchase of dollar bonds in order to improve the debt profile.
“Agriculture settles less and less and the BCRA sells more and more currencies. International reserves continue to drop and it is becoming very difficult to meet the goal of net international reserves for March,” said Cohen, the clearing and settlement agent.
Qatar dollar price, Wednesday, February 15
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- climbs 74 cents and offers to $398.80.
This exchange rate applies to consumption abroad with debit and credit cards over $300 per month.
Price of the tourist dollar or card dollar, Wednesday, February 15
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 65 cents and operates at $348.95.
Savings dollar price, Wednesday, February 15
The dollar savings or solidarity dollar -which includes 30% of the tax COUNTRY and 35% deductible from Income Tax Earnings and Personal Property– earns 61 cents and trades at $329.01.
Price of the wholesale dollar, Wednesday, February 15
The wholesale dollar, that directly regulates the BCRA, it climbs 41 cents and is offered for $192.40.
More notes on Dollar and Dollar blue
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
