Official sources noted that demand from importers remains in the same line with what was observed in the week prior to the PASO elections. They also highlighted a low liquidation of the cereal complex, although official dispatches expect it to be reversed “in the coming weeks.”
Meanwhile, from the BCRA they recalled that throughout the month there were several income to the reserves for disbursements of international organizations for about US $ 1 billion.
The saving dollar or solidarity dollar -which includes 30% of the COUNTRY tax, and 35% on Profit account- it increased seven cents to $ 174.36.
Wholesale dollar
The Wholesale dollar amounts three cents to $ 100.14, under the strict regulation of the BCRA.
Dollar CCL
The regulated dollar “counted with liquid” (CCL) climbed 1.5% to $ 185.36, for which the spread with the wholesaler stands at 85.1%. In its “free version” (with the Global 2030 or Cedears bond), the CCL traded close to $ 211.
Dollar MEP
The regulated MEP dollar, for its part, advanced 1.5% to $ 183.53, which marks a gap of 83.3%. In the segment not intervened by public bodies, it trades above $ 200.
Overheated, the blue dollar surpasses this Wednesday for the first time $ 200, and marks a new nominal record, according to a survey of Ambit in the Black Market of Foreign Currency.
Amid persistent demand for coverage, four days before the national legislative elections, the parallel dollar climbs $ 2.50 to $ 202, Therefore, the gap with the wholesale exchange rate, which is regulated by the Central Bank, exceeds 100% (101.7%).
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 $ 36 (more than 20%), well below the accumulated inflation of 2021, close to 40%.
Source From: Ambito

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