Beyond the drop in Dolar blue This Wednesday, October 25, the parallel bill at $1,000 maintains its attractiveness to do business with the gap (what is called “dollar mash”), taking advantage of the important difference compared to the exchange rate MEP.
The operation consists of buying currencies, in this case in the home banking or in apps of brokerage companies, at a price lower than that of the illegal and then sell them in the parallel marketwhere he Dolar blue It is located at $950 for the purchase, which is the amount paid to the person who sells their tickets. Meanwhile, the sale price is $1,000.
What profit does the mash leave today with the saving dollar?
With the quotes for this Wednesday, October 25, The puréed dollar leaves a profit of $264.56 per bill, or a profit of 36%.
To purchase today the u$s200, which is the monthly limit and per person that enables the BCRA to buy, some $147,088. Then, you must go to the bank branch to withdraw the dollars, and later go to a cave.
This Thursday, in the informal market, you pay for each of the green bills, about $950 maximum (sale price is $1,000)which results in $190,000. Consequently, we obtain a profit of $42,912 or 36%.
What profit does the mash leave today with the MEP dollar
With the quotes for this Wednesday, October 25, a day in which the MEP -with Bonus AL30- is around $127.69 on the Stock Markethe dollar mash leave one gain of almost 16%.
If, for example, you decide to carry out the operation with about US$200, It should start on the Stock Exchange with about $174,462, plus commissions.
It should be remembered that to carry out the operation of the MEP dollar at least 24 hours are needed with bonds under Argentine law, due to the so-called current parking (a bond is purchased in pesos, it can be AL30 or another title of national legislation, and the next day it is sold in foreign currency), to then transfer the dollars to the bank and later withdraw them. If the operation is carried out with securities with foreign legislation, such as GD30parking is extended to five business days.
This Wednesday, you pay in the caves for each of the green bills, about $950 maximumwhich results in $190,000. Consequently, we obtain a profit of $15,538 or 12.8%.
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.
