The MEP dollar and the “Cash with Settlement” (CCL) their falls deepen this Wednesday, October 25, and in the case of the exchange rate, companies use it to transfer foreign currency abroad already accumulates a loss of 25% in just three days, faced with a disarmament of coverage strategies after the electoral result, and after the Minister of Economy and presidential candidate, Sergio Massa, announced last Monday a new dollar for exports.
In that context, the CCL dollar gives up 6.3% to $831.63, so the gap with the officer it is reduced to 137.6%. In just three days, he accumulates a decrease of 24.9%, from $1,110.59 last Friday.
For his part, the MEP dollar drops 1.8% until the $828.55 after register your biggest daily drop in 15 months (-6.2%)from July 2022. As a consequence, the spread with the officer eased around the 136.7%. So far this week, this exchange rate has recorded a loss of almost 8%, from $899.33 last Friday.
Meanwhile, the Dolar blue drops $50 to $1,050, according to a survey by Ambit in the caves of the City.
The Minister of Economy, Sergio Massa announced that since Tuesday the export incentive program (PIE) to the entire complex exporter Argentine for 30 days, prior to the runoff. This new settlement regime allows the sector to enter 70% of settlements through the MULC (Single Free Exchange Market) at $350 and 30% for Cash with Liqui (CCL).
The movements in the exchange market occur after the presidential elections last Sunday, where Sergio Massa gave the upset and turned out to be the candidate with the most votes, but he did not reach the difference in votes necessary to define the elections, so he will go to runoff next November 19 with the libertarian Javier Mileiwho was the second candidate with the highest number of votes.
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