The improvement in foreign currency accumulation coincided with the new restrictions imposed to operate with financial dollars, which had the objective of reducing the magnitude of the BCRA’s intervention in the stock market (via loss of reserves) to control MEP prices. and the CCL.
The Savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax, and 35% of Profits account- amounted to 15 cents to $ 173.05.
Wholesale dollar
In the wholesale segment, the currency increased four cents to $ 99.31. Meanwhile, the BCRA records the best October in the last decade, acquiring some US $ 500 million since the beginning of the month.
“The accumulated for the year already exceeds US $ 6.75 billion, a result that is of course facilitated by the force of strong restrictions to access the purchase of foreign currency,” said market sources.
The tenth month of the year is usually a sales month; Only in 2012 and 2016 was the BCRA able to end this period with a tiny positive balance. Taking this into account, sources of the economic team warn that it is likely that in the second there will be a lower inflow of foreign currency and greater outflow due to seasonal issues in demand.
Dollar CCL
The CCL rose 0.2% (34 cents) to $ 178.46, bringing the gap with the wholesale official to 79.7%, a new record for 2021.
For his part, CCL “free” that is agreed through bilateral negotiations (SENEBI) -where the transactions are not marked on the electronic screens- or via ADRs, it operated around $ 195.50.
Dollar MEP
Likewise, the MEP dollar or regulated stock market rose by the same magnitude as the CCL to reach $ 178.36, which left a spread of 79.6% with the exchange rate regulated by the BCRA.
blue dollar
The dollar blue scored its biggest daily rise in a month on Tuesday, climbing $ 1.50 to $ 187, its nominal record of 2021, according to a survey of Ambit in the Black Market of Foreign Currency.
The parallel dollar had fallen $ 1 on Monday, but returned to the upward path on this day to reach maximums since the end of October 2020, when the currency closed at $ 190. It is the third time in the year that the price of the blue dollar closes at $ 187 (September 28 and 29, 2021, the previous ones).
Consequently, the gap between the informal dollar and the official wholesale price rebounded to 88.3%, the highest level in the month.
With the rebound on Tuesday, the price of the dollar in the parallel market accumulate an advance of $ 1 so far this month.
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