the CCL -operated with the GD30 bond in the Price-Time Priority or PPT market- up $1.87 (+0.4%) at $449.30. In this way, he reaches his highest value in 12 days. Indeed, the spread with the officer is located at 93.8%.
Meanwhile, the dollar MEP or Bag -operated with the GD30 bond in the Price-Time Priority market or PPT– increases $2.95 (+0.7%), until the $445.38. So, the gap with the officer reaches the 92.1%.
The Argentine government announced on Sunday a package of measures that point to contain inflation and strengthen your economy three months before the primary elections in the presidential contest, while negotiating a reduction in targets with the International Monetary Fund (IMF).
“We are evaluating the measures. As we have said before, we continue to discuss ways to strengthen the program and safeguard stability in light of the severe drought” in agriculture that has caused millions of dollars to be lost to the coffers of the Central Bank (BCRA).said an IMF spokesman. He added that “this includes policies to improve fiscal sustainability and build reserves, both essential to reduce inflation, while protecting the most vulnerable.”
A context of economic mistrusta few months after a presidential election, steers investors away from peso-denominated instruments and the dollarization of portfolios deepens.
On the other hand, in the round last Tuesday, the Central Bank (BCRA) he was able to buy about US$40 million in the exchange market. However, So far in May, the entity has accumulated a negative balance of about US$51 million for your reservations.
The economist Gustavo Ber estimated that “with a ‘crawling-peg’ (devaluation) that is losing pace, and a new rate rise that leaves little flavor to tempt savers, attention remains focused on the dynamics of net reserves, since adding foreign currency is key to seek to stabilize the spirits a bit, and in this sense, all eyes are directed towards the IMF”.
The idea of having a positive rate against inflation is to stop the flight from holding pesos in favor of the dollar, now placing the monetary policy performance as the highest in just over two decades: 97% nominal annual (TNA) is equivalent to 154.3% effective annual ( TEA) and 8.1% per month.
After the announcements of new measures to alleviate the impact of inflation in April, the Ministry of Economy launched a key tender for your financial strategy. The Treasury will seek this Wednesday to capture some 320,000 million pesos in Bills and Bonds in pesosand some 350 million dollars in securities tied to the US currency (dollar linked), he said.
How much does the dollar operate today, Wednesday May 17
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- operates stable in $484.74.
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% COUNTRY tax and 35% deductible from Income Tax and Personal Assets- it remains at $399.91.
Meanwhile, the dollar wholesalerwhich is directly regulated by the BCRA, increases 70 cents, to $231.80 for sale.
How much does the tourist dollar operate at today, Wednesday May 17
He tourist dollar or card -Retailer plus 30% of the COUNTRY Tax, and a perception of 45% deductible from the Income Tax and of Personal property for consumption with cards abroad up to u$s300 per month- remains stable in $424.15.
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.
