The financial dollar touched $400 for the first time but finally cut the rise

This Monday, the financial dollars marked a strong initial uptrendthat led Cash With CCL Settlement to break the much feared barrier of $400 in the early hours of the day, although at closing the rise moderated. While the MEP, which had also started with a strong rise, reversed the trend during the day.

This happened during a very hot day for markets around the world, as a result of the financial crisis in the United States following the fall of two banks in that country (Silicon Valley Bank and Signature Bank).

In that context, the dollar counted with liquid (CCL)-operated with the Global 2030 bond- rose $1.89 (-0.5%) and settled at $395.57. Thus, the spread with the wholesale exchange rate closed at 95.7%. During the day he played a new nominal intraday record by rising to $400.41. The CCL added 6 days in a row of increases and last week ended with a rise of $21.31.

While, the MEP dollar-operated with the Global 2030 bond- after initially rising it closed down $1.13 (-0.3%) to $379.51. Consequently, the spread with the official was 88%. It is the first decline in the dollar stock market in the last five days. Last week, meanwhile, it had risen $14.14.

Lucas Yatche, head of strategy and investments at Liebre Capital, told Ambit What we see certain delay in the dollar Cash with Liquidation; both against inflation and with the broad monetary base that does not stop growing. This happens in a context where the gap is very low, in the midst of regulations and increasing stocks. In turn, there are low reserves and drought, so the supply of dollars will be scarce.“.

Startup-focused bank SVB last week became the largest entity to fail since the 2008 financial crisis. In turn, the short-term yields of the US Treasury fell this Monday, since the collapse of Silicon Valley Bank led investors to slash expectations of a big interest rate hike.

Find out more- I followed the price of the blue dollar, official, CCL and MEP in Argentina

Qatar dollar price, Monday, March 13

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 $1.14 or 0.27% and trades at $417.06.

This exchange rate applies to consumption abroad with debit and credit cards over $300 per month.

Qatar dollar price, Monday, March 13

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 $1.40 or 0.34% and trades at $417.32.

This exchange rate applies to consumption abroad with debit and credit cards over $300 per month.

Price of the tourist dollar or card dollar, Monday, March 13

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- advances $1.22 (0.345%) and trades at $365.16. In the previous week it was up $3.92.

Savings dollar price, Monday, March 13

The dollar savings or solidarity dollar -which includes 30% of the tax COUNTRY and 35% deductible from Income Tax Earnings and Personal Property– advances $1.15 (0.34%) and sells at $344.29. In the previous week it was up $3.70.

Price of the wholesale dollar, Monday, March 13

The wholesale dollar, that directly regulates the BCRA, advances $1.17 (0.58%) and is offered at $201.90.

In the previous week, the wholesale exchange rate rose $2.45 below the $2.60 increase registered in the previous week.

Price of the crypto dollar, Monday, March 13

He Crypto dollar or Bitcoin dollar rises 0.89% to $377.46, based on the average among local exchanges reported by Coinmonitor.

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