He dollar “Cash with Settlement” (CCL)-which companies use to transfer currency abroad- continues the upward trendthis Thursday, October 5, while the Government keeps the official exchange rate fixed at $350. After flying on Wednesday, it jumped $25.34 to $930.33.
Thus, it expands the exchange gap at worrying levels of 165.7% and it is at the maximum reached in Alberto Fernández’s management, at levels similar to the rush for Guzmán’s departure in mid-2022. This occurs in a context of strong currency hedges tough in the face of growing political and economic uncertainties, a few weeks before a defining presidential election.
Thus, it reaches an intraday record level this Thursday, after having closed around $905 on the previous day, when it had its largest daily advance since the post-STEP devaluation, with a jump of $67, and crossed the psychological barrier of $900, driven, in part, by the capital outflow from the FCIs and fixed terms in pesos.
For his part, the MEP dollar climbs $30 (+3.8%) until $778.33, after hitting an intraday high of $751.59 on Wednesday, doubles down. And the spread now stands at 122.32%.
In the informal market, Meanwhile, the blue dollar increased $33 to $843, with an intraday maximum of $850, according to a survey of Ambit in the caves of the City. And it remains at that level this Thursday.
The dollarization of the market seems to have no ceiling, which was reflected in a new strongly bullish day. “The gap in financial exchange rates against the official one is at levels very close to historical levels, marked in July 2022 with the resignation of Guzmán and the debt crisis in pesos,” stood out from Aurum Valores.
Argentines will go to the polls on October 22, amid growing uncertainty after an even result between the three main candidates in recent primary elections.
Javier Milei, who proposes dollarizing the economy and eliminating the central bank, was the winner in the August elections, narrowly beating the current Minister of Economy and official candidate, Sergio Massa, and the center-right candidate Patricia Bullrich.
“All dollar references have been suffering the blows within a dollarization process that, as usually happens, accelerates before the elections and also faces other condiments such as a growing monetary issue, a marked fall in the demand for money and prospects of an accelerated inflation,” Ber added.
How much is the dollar trading at today, Thursday, October 5
He wholesale dollar operates at $350value that BCRA seeks to sustain until the end of October.
Meanwhile, the Qatar dollar -which includes 30% of the COUNTRY taxa 45% deductible of the Income and Personal Property Tax, and a new perception of 5% on account of Personal Property – is listed at $660.76.
In mid-August, the Federal Public Revenue Administration (AFIP) arranged a 25% reduction at 5% in the perception of Personal Assets which applies to consumption abroad with debit and credit cards exceeding the $300 monthly per person. Thus, the call Qatar dollar It was no longer the most expensive exchange rate on the market.
Crypto dollar today, Thursday, October 5
For its part, the crypto dollar or Bitcoin dollar quotes in the $897.92, based on average across local exchanges reported by Coinmonitor.
Closing price of the tourist dollar today, Wednesday, October 4
He tourist dollar or cardand savings (or solidarity) dollar -which include 30% of the COUNTRY TAX + 45% of the Earnings Perception– mark the $642.41.
Source: Ambito
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