The blue dollar fell again and the gap fell to lows of almost a week

The blue dollar fell again and the gap fell to lows of almost a week

On Friday the currency had fallen 50 cents after hitting its record in nominal terms on Thursday (at $ 198).

In the accumulated for October, the blue dollar recorded its largest monthly increase in three months, climbing $ 11.50 or 6.2% to close at $ 197.50, close to its historical nominal maximum, due to high inflation, exchange controls, fiscal deficit and firm country risk, which fueled devaluation expectations and put pressure on the currency, which usually has sharp jumps with only a few operations.

So far in 2021, the parallel appreciates $ 30 (18.1%), well below inflation accumulated in 2021, close to 40%.

Let us remember that during September, the informal sector had risen $ 4.50 (+ 2.5%), after posting its lowest rise since March in August, climbing just $ 1 (+ 0.6%). After hitting a low of $ 139 in early April, the parallel dollar increased $ 9 in April (6.4%), $ 7 (4.7%) in May, $ 11 (7%) in June, and $ 12.50 (+ 7.4%) in July.

It is worth remembering that the record of the gap between the blue and the official was verified in October 2020, when it jumped to an unprecedented 150%.

Source From: Ambito

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