Financial dollars are up again this Friday, March 31, and they are on their way to closing the month with a rise of almost $44 or 11%, almost double the advance registered by the official exchange rate in the same period (+6%)a day after the Minister of Economy, Sergio Massaannounced a plan exchange rate stabilizationwhich contemplates a special exchange rate for agricultural exports.
Both the MEP dollar and the CCL dollar are poised to mark their biggest monthly gain since July 2022.
During March, at the national level, the Central Bank had to sell US$1,799.5 million of its reserves whereupon the Government announced a exchange rate stabilization plan which includes a special exchange rate for soybeans and regional products, trying to stop this bleeding of reserves. In addition, two weeks ago, at the international level, the alarms of the international financial system went off after the fall of the US banks Silicon Valley Bank and Signature Bank, and of the European Credit Suisse.
In the porter’s bag, the Dollar Cash with Settlement (CCL) -operated with the GD30 bond- rises $4.06 (+1%) and operates at $406.85, marking a new nominal maximum. Indeed, the spread with the official is located in the 94.7%.
For his part, he MEP dollar or Bag -operated with the GD30 bond- also continues upward trend and it is appreciated $4.67 (+1.2%), at $396.49, thus outperforming blue. The spread with the official stands at 89.7%.
At the monthly level, the CCL dollar accumulates a monthly increase of $40.44 (+11.4%). For his part, he dollar MEP rises $39.02 (+10.92) in March.
Find out more – I followed the price of the blue dollar, official, CCL and MEP in Argentina
In the parallel market, meanwhile, the blue dollar rises $1 and is offered at $394 for sale, according to a report of Ambit in the parallel market. Throughout the month, record a advance of $19 or 5.1%.
Last Thursday, Massa said in washington that next week an exchange rate stabilization plan will be launched, which includes a special exchange rate for soybean exports and certain commodities from regional economies, that It will run through April.
The measure comes after arduous negotiations between the Economy and the sector regarding what mechanism would be implemented to generate an improvement in competitiveness when exporting. This was confirmed by official sources Ambit in a context in which it is sought to promote the liquidation of dollars in the coming months due to the lack of supply of commercial currencies.
On the other hand, this Thursday the Central Bank (BCRA) sold another US$76 million this Thursday and accumulated 18 consecutive days with negative balances in their interventions. In this way, so far this month he records a drain of US$1,799.5 million from its reserves.
This Friday the IMF will confirm if the Argentine goals were met by the end of 2022. If the answer is positive, the organism must disburse US$5.300 million and Argentina pay a outstanding debt of about US$2.7 billion.
He An agreement with the organization signed a year ago commits the country to add some US$7.7 billion in BCRA reserves to the first quarter of 2023when analysts calculate that the net currently total about US$3,000 million, in the midst of important daily sales of currencies to meet demand.
Qatar dollar price, Thursday, March 30
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- it advances 86 cents to $432.48.
This exchange rate applies to consumption abroad with debit and credit cards over US$300 per month per person.
Price of the tourist dollar or card dollar, Thursday, March 30
He tourist dollar or card -Retailer 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- go up 75 cents and operate at $378.42.
Savings dollar price, Thursday, March 30
He savings dollar or solidarity dollar -which includes 30% of the tax COUNTRY and 35% deductible from Income Tax Earnings and Personal Property– increases 71 cents to $356.80.
Price of the wholesale dollar, Thursday, March 30
The wholesale dollar, that directly regulates the BCRA, rises 43 cents to $209.02 for sale.
Price of the crypto dollar, Thursday, March 30
He Crypto dollar or Bitcoin dollar rises 0.4% to $397.26, based on the average among local exchanges reported by Coinmonitor.
Source: Ambito
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