He CCL dollar falls off this Wednesday, October 11, and short previous rise. Meanwhile, the MEP dollar goes up again and exceeds $860. This happens after a day marked by blue shotthat exceeded $1,000 for the first time and within a framework of incessant dollarization of portfolios by high electoral uncertainty 11 days before the presidential elections.
This also takes place after learning that the National Securities Commission (CNV) limited the purchase operation of financial dollar for clients located abroad, after an express request from the central bank last October 5. In this way, througha General Resolution 981/2023the capital market regulatory body established a series of regulations for the actions of the Negotiation Agents (NA) and the Settlement and Clearing Agents (ALYC) with the aim of controlling the financial speculation in the middle of the strong volatility that MEP and CCL experience.
In that framework, the CCL dollar go back $30.01(-3.2%) until the $923.55. Thus, the spread with the official is located in a 163.8%.
For his part, the MEP dollar scale $15.98 (+1.9%) until the $860.79. In that way, the gap with the officer reaches the 145.9%.
In the informal market, meanwhile, the blue dollar operates at $1,030after touching his intraday nominal maximumaccording to a survey of Ambit in the caves of the City. The gap of this type of exchange is positioned at a 194.2%.
Given the exchange rate turmoil of the previous round, the Minister of Economy and presidential candidate for UP, Sergio Massahe promised before businessmen “to blame those who are speculating against people’s savings even if it costs me the election.
This week, the ultraliberal candidate Javier Mileifavorite in the polls for the October 22 electionssaid that the peso devaluation favored his plans to dollarize the country’s economy and eliminate the Central Bank. Milei also recommended that investors not renew their fixed-term deposits in pesos.
Before him fear of massive withdrawalsthe Association of Banks urged candidates to act responsibly. “They must avoid making unfounded statements that generate uncertainty in people and volatility regarding financial variables,” the entity said in a statement.
In relation to the parallel exchange rateslast Friday, the National Securities Commission will extend the “parking” period for the purchase of CCL and MEP dollar (for operations with bonds under foreign law) with the purpose of decompressing pressures on alternative exchange markets. At the same time, new controls were registered in the city of Buenos Aires to prevent transactions outside the traditional circuits.
When they only remain few business days for the general elections on October 22 next, the dolarization of portfolios due to electoral uncertaintythe amount of pesos that are being poured into the street with the different measures taken by the Government and Milei’s recommendations about “not staying in pesos” with the fixed deadlines that expire, created a perfect combo so that the price of the ticket American will skyrocket this month.
How much is the dollar trading at today, Wednesday, October 11
He wholesale dollar quotes in $350.10a value that the BCRA seeks to maintain until the end of October.
For his part, the dollar savings with the new government measure it costs $734.36.
How much is the blue dollar sold for today, Wednesday, October 11
He blue dollar is sold at $1,030, according to a survey by Ámbito in the caves of the City.
Price of the tourist dollar today, Wednesday, October 11
He tourist dollar or cardand savings (or solidarity) dollar -which include 30% of the COUNTRY TAX + 45% of the Perception of Profits + 25% of Gross Income– operates in $734.36.
Crypto dollar quote today, Wednesday, October 11
The crypto dollar or Bitcoin dollar quotes in the $976.70according to the average among local exchanges reported by Coinmonitor.
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.
