The financial dollar soared this Tuesday April 18 and scored its highest daily rise in nine months, to close very close to the unprecedented $425, on a day in which the blue it climbed another $10 and closed below $420.
He “Cash with settlement” (CCL) it climbed $16.92 (+4.1%) to $425.96. In this way, the gap with the official jumped to 93.9%.
For his part, he dollar MEP or Bag -operated with the GD30 bond- jumped $13.41 (+3.4%) to $408.86. Thus, the gap with the wholesaler reached 89.5%.
Meanwhile, in the parallel market, the blue dollar climbed $10 (+2.6%) and reached its new record at the close of $418, in a climate of strong market volatility. During the day, it reached $421.
The limited reserves of Central Bank (BCRA)a severe drought that affects agricultural exports, a high deficit in public accounts and growing inflationary pressures, create a complex scenario for the financial market.
“Uncertainty about the electoral scenario, in the midst of tugs in the coalitions for the candidacies, continues to rise and this further complicates the ability to manage fiscal, monetary and exchange imbalances in this delicate transition stage, which leads to a context of a dangerous acceleration of inflation”commented a market operator.
In this context, the Central Bank (BCRA) he only managed to buy a million dollars from the market for his reserves. “The BCRA bought 36 million dollars at 300 pesos (of the so-called soybean dollar 3) and sold approximately 35 million dollars in the single and free exchange market. That results in a net purchase of 1 million dollars,” explained analyst Salvador Vitelli.
“From a continuing to shrink FX supply is that price pressures will continue to seep in over the coming months,” said the consultancy EcoGo.
“At this rate of inflation and rates, the ‘carry trade’ would be losing its appeal,” said from Portafolio Personal Inversiones (PPI), and estimated that “The BCRA would have no choice but to raise the rate this Thursday to avoid a spiraling of the nominal and try to contain the pressure on financial dollars.”
Last week, the BCRA maintained its reference rate at 78%, but analysts estimate that this Thursday the monetary entity could raise it to accompany the market.
Finally, the country risk measured by the bank JP.Morgan rose important 59 units, to 2,473 basic points, compared to a record high of 2,976 units scored at the end of July 2022.
How much did the dollar close today, Tuesday April 18
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 68 cents, at $447.46. This exchange rate applies to consumption abroad with debit and credit cards over US$300 per month per person.
For his part, he savings dollar or solidarity dollar -which includes 30% of the tax COUNTRY and 35% deductible from Income Tax Earnings and Personal Property– rose 56 cents, up to $369.15.
Meanwhile, the dollar wholesalerwhich is directly regulated by the BCRA, appreciated 56 cents and it finished at $216.94.
How much did the tourist dollar close at, Tuesday, April 18
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- increased 59 cents and closed at $391.53.
Price of the crypto dollar, Tuesday, April 18
The crypto dollar or Bitcoin dollar is up 4.2%, at $421.80, according to the average among local exchanges reported by Coinmonitor.
Source: Ambito
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