Financial dollars rose strongly this Wednesday March 8th, and posted new nominal highs at the close, which pushed the blue to skyrocket $7to erase all the fall registered in February.
He dollar counted with liquid (CCL)-operated with the Global 2030 bond- climbed $3.33 and operated to $379.02. Thus, the spread with the wholesale exchange rate reached up to 89.6%
While, the MEP dollar-operated with the Global 2030 bond- increased $5.90 and was offered at $372.86. Consequently, the spread with the official stands at 86.5%.
Learn more- I followed the price of the blue dollar, official, CCL and MEP in Argentina
“The peso is very weak and that is why nobody wants it as savings, that is why it falls. The announcement of a new agreement with the Fund (IMF) is expected for Thursday, which will lower the reserve requirements (of the BCRA), but there will also be another reduced disbursement scheme (from the agency to the country),” commented a financial agent of the foreign bank. “With the upcoming debt swap, the financial stress is effectively dissipated,” he added.
The Government and the IMF continue negotiating the BCRA’s reserve goals for 2023, which the country seeks to make more flexible, since the entity needs these currencies to deal with serious financial problems and a historic agricultural drought.
The Ministry of Economy will launch on Thursday a debt swap through two amortizable options in 2024 and 2025 to clarify the short-term scenario, since securities in pesos with maturities until June 2023 can be exchanged.
The voluntary debt swap includes assets in amortizable pesos for about 7,500 trillion pesos (about 37,600 million dollars), in exchange for “Boncer” securities tied to inflation for April and October 2024, and February 2025, plus “Duals” linked to the devaluation of the peso for February and October 2024, and February 2025.
Operators agreed that the result of the exchange has secured at least 50% of the papers involvedgiven the commitment assumed by financial agents, such as banks, which endorse the measure.
Price of the tourist dollar or card dollar, Wednesday, March 8
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- increased 56 cents and trades at $362.37.
Savings dollar price, Wednesday, March 8
The dollar savings or solidarity dollar -which includes 30% of the tax COUNTRY and 35% deductible from Income Tax Earnings and Personal Property– earned 53 cents a $341.91.
Price of the wholesale dollar, Wednesday, March 8
The wholesale dollar, that directly regulates the BCRA, It rose 27 cents, the smallest one-day gain since early February, and closed at $199.95, after topping $200 intraday for the first time.
Price of the blue dollar, Wednesday March 8
He blue dollar jumped $7 to $378 for saleaccording to a survey of Ambit in caves of the city of Buenos Aires.
Price of the crypto dollar, Wednesday, March 8
He Crypto dollar or Bitcoin dollar rises 0.9% to $372.74, based on the average among local exchanges reported by Coinmonitor.
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.
