Financial dollars stopped bullish escalation and fell after setting several records

Financial dollars stopped bullish escalation and fell after setting several records

financial dollars fell this Wednesday, April 5, after raising the CCL for five consecutive days and setting intraday nominal records in the last rounds, within the framework of a key day in which the Minister of Economy, Sergio Massa, announced soybean dollar implementation 3which will be extended to various sectors of regional economies and will include a differentiated exchange rate for certain importers, card expenses and tourism.

For his part, the dollar MEP or Stock Market -operated with the GD30 bond- $5.81 (-1.4%) depreciated, to $396.60. Thus, the spread with the official was reduced to 87.8%.

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

In the parallel market, in turn, the blue dollar closed stable at $392 for sale, according to a report of Ambit in the parallel market.

He Economy Minister Sergio Massa announced this wednesday a new program to increase foreign exchange reserves that promotes the soybean exports when fixing a special exchange rate of $300 per dollar.

The administration of President Alberto Fernández hopes that the general liquidation plan will lead agro-export firms to liquidate some US$15,000 million between the second and third quarter of 2023, including sectors of regional economies.

The rural sector lost due to the fierce drought that hit soybeans, corn and wheat the last year about US$20,000 millionaccording to analysts, what pushes the slowdown of the economy immersed in high inflation slightly above 100% year-on-year.

In that framework, the executive board of the International Monetary Fund (IMF) lowered Argentina’s net reserve accumulation target by the end of this year to $8 billion, from $9.8 billion previously.

Qatar dollar price, Wednesday, April 5

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- went up $1.48 and closed in $437.54.

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, Wednesday, April 5

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 up to u$s300 per month- rose $1.30to $382.85.

Savings dollar price, Wednesday, April 5

He savings dollar or solidarity dollar -which includes 30% of the tax COUNTRY and 35% deductible from Income Tax Earnings and Personal Propertyadvanced $1.22 and it ended at $360.97.

Price of the wholesale dollar, Wednesday, April 5

The wholesale dollarwhich is directly regulated by the BCRA, rose 44 cents to $211.22 for sale.

Price of the crypto dollar, Wednesday, April 5

He Crypto dollar or Bitcoin dollar rises 0.1% to $399.13, based on the average among local exchanges reported by Coinmonitor.

Source: Ambito

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