The MEP dollar rebounds, but is on track to mark its first weekly decline in almost a month

The MEP dollar rebounds, but is on track to mark its first weekly decline in almost a month

November 17, 2023 – 1:22 p.m.

Financial dollars continue to fall in the last business day before the second round of elections on November 19.

The MEP dollar is falling again and is on track to mark a sharp weekly drop in the run-up to the runoff.

He MEP dollar rebounds this Friday, November 17, but is heading for a sharp weekly drop of almost $20, while the Cash with Settlement (CCL) also falls by the fifth wheel in a row and is located below the price of the MEP. All of this, on the last business day prior to presidential runoff, which generates high economic and political uncertainty.

In this stage, the MEP dollar rises $6.01 (+0.7%) to $863.15after falling more than $25 the previous day. Indeed, the gap with the officer he loosens to 143.8%. In this way, it once again exceeds the price of CCLwhich collapses $13.21 (-1.5%) to $857.05 and the spread with the official one is located at 142.1%.

In this context, the exchange rate that companies use to transfer foreign currency abroad is also heading for a sharp fall in the last 7 days of $20.90 (-2.4%). For his part, the MEP It also registered a decrease of $18.56 (-2.1%) in the week, after rising strongly in the previous 15 days.

The weekly casualties of the financial dollars are given in advance of the presidential second roundwhere forces will be measured between the current Minister of Economy, Sergio Massadefender of the peso as currency, and the ultraliberal Javier Mileiwhich points to the dollarization and the elimination of the BCRA.

How much does the dollar trade at today, Friday, November 17

He wholesale dollar operates at $354.05after last Wednesday the Government launched the crawling peg to 3% monthly.

For his part, the dollar savings It stands at $742.66.

How much was the blue dollar trading at today, Tuesday, November 14

He blue dollar operates stable at $900 for the buys already $950 for the saleaccording to a survey of Ambit in the caves of the City.

Price of the tourist dollar today, Tuesday, November 14

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– is negotiated at $742.66.

Quote of the crypto dollar today, Tuesday, November 14

The crypto dollar or Bitcoin dollar falls 0.5% to $935.44based on the average among local exchanges reported by Coinmonitor.

Source: Ambito

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