“The Restrictions to access the purchase of foreign currency and the new regulations that prevent financial entities from increasing their holdings of foreign currency have not been sufficient until today to avoid loss of reserves in the face of a seasonal drop in income from abroad, a phenomenon exacerbated by expectations prior to next Sunday’s elections, “said analyst Gustavo Quintana.
The savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax, and 35% to Profit account- advanced eight cents to $ 174.29.
Wholesale dollar
The wholesale exchange rate, regulated by the Central Bank, rose three cents to $ 100.11, in a wheel in which prices settled from the beginning of the day to the level proposed by the official regulation and did not depart from it until the close of operations.
Dollar CCL
The regulated dollar “counted with liquid” (CCL) increased 0.3% to $ 182.56, for which the spread with the wholesaler rose to 82.4%. In its “free version” it was close to $ 212.
Dollar MEP
For its part, the regulated MEP dollar also rose 0.3% to $ 182.46, which led to the gap to 82.3%. In the segment not intervened by public agencies, the round culminated in the $ 200 area.
The blue dollar moderated slightly the rise of this Tuesday and closed below $ 200, after reaching that record level in the first part of the day, according to a survey by Ambit in the Black Market of Foreign Currency.
In the midst of a persistent demand as a hedge, five days before the national legislative elections, the parallel dollar rose 50 cents $ 1 to $ 199.50, so the gap with the wholesale exchange rate, which is regulated by the Central Bank, is located in 99.3%.
Last week, the blue dollar advanced $ 1.50, after increasing $ 2.50, $ 8.50, and $ 2 in the previous three weeks.
Likewise, throughout October the informal dollar rose by $ 11.50 (+ 6.2%) due to high inflation, exchange controls, fiscal deficit and firm country risk, which fueled devaluation expectations and put pressure on the currency, that usually has sudden jumps with just a few operations.
In any case, so far in 2021 the parallel accumulates an appreciation of $ 33.50 (more than 20%), well below the accumulated inflation of 2021, close to 40%.
Let us remember that during September, the informal dollar rose $ 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.
Source From: Ambito

David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.