Under official intervention and conditioned by the latest CNV restrictions, the CCL dollar -operated with the GD30 bond in the Price-Time Priority segment or PPT– fell 84 cents (-0.2%)to $440.80. Indeed, the spread with the officer was located in the 92.3%.
For his part, he dollar MEP or Bag -operated with the GD30 bond in the PPT market- it yielded $5.76 (-1.3%), to $434.31. So, the gap with the officer reached the 89.5%.
Find out more – I followed the price of the blue dollar, official, CCL and MEP in Argentina
In the caves, meanwhile, the blue dollar fell $1 to $474 for sale, so the gap exchange came to 106.8%.
The INDEC released this Friday the retail price index (CPI) for the fourth month of the year, which remained at one of the highest levels in the world.
The price rise exceeded market expectations, after 7.7% than in March. Analysts consulted by the central bank (BCRA) estimate that inflation in 2023 would reach 126.4% per year.
“The data (inflation) exceeded all forecasts (…) The Government cannot solve the problem because it does not understand the origin”, said economist Daniel Artana of the FIEL consultancy. “You have to balance the fiscal numbers and face a real monetary policy,” added.
Meanwhile, the Government continues negotiating with the IMF to rediscuss the goals of a final agreement and analyze the possibility of advancing disbursements after a historic drought that affected the government’s public coffers.
The country risk of JP.Morgan rose sustained 68 basic points, to 2,586 units.
The BCRA was able to add 101 million dollars to its coffers after receiving agricultural settlements for 95.8 million at the special exchange rate of 300 units.
Foreign exchange agents remarked that the daily balance is the most outstanding since April 24, while the red of the May reserves is reduced to 151 million dollars through net sales. Agricultural exporters accumulate sales of 2,476 million dollars since the launch of the agricultural dollar on April 10.
Operators remarked that The National Securities Commission (CNV) prohibited the subscription of mutual funds with values denominated in dollars, which cut volume for the “MEP” market and became another stumbling block within the complex exchange stocks.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
