“The guys from the Central Bank went out with everything to intervene in the wholesale market,” said a source who knows the exchange circuit. Gustavo Quintana, from PR Corredores de Cambio, stated that “BCRA sales now accommodate the price of the wholesale dollar.”
The monetary authority assisted the market demand with US $ 135 million and closed November with net sales of US $ 890 million. In the accumulated of the year, the BCRA maintains net purchases for more than US $ 5,500 million.
In December the liquidation of the fine harvest begins, with an estimate of foreign exchange earnings of the order of US $ 3,500 million
Meanwhile, the November contract left a profit for the BCRA of $ 4,500 million, as the devaluation jump with which the market speculated did not materialize.
In the accumulated of the year, the BCRA’s profit in the futures market amounts to $ 19 billion.
The savings dollar or solidarity dollar -which includes 30% of the PAÍS tax, and a 35% on account of the Income Tax- rose 11 cents to $ 175.59.
Wholesale dollar
The wholesale dollar, for its part, rose three cents to $ 100.96, under the strict regulation of the BCRA.
Dollar CCL
The CCL fell 0.7% this Tuesday but in the accumulated of November it scored a 19.4% increase to currently stand at $ 214.15. Regarding the last business day of October, the gap with the official showed a rise of 32.3 percentage points, from 79.8% to 112.1%.
Dollar MEP
For his part, the MEP dollar rebounded 1.9% this Tuesday to $ 200.72. In the month it exhibited an increase of 12%, the highest since September last year.
The blue dollar rose 50 cents this Monday to $ 201.50, after two wheels without variations, according to a survey of Ambit in the Black Market of Foreign Currency. Thus, the gap with the wholesale official remains below 100%, and stood at around 99.6%.
The informal registered ten consecutive days trading at $ 200 or above that level. So far in November, the informal dollar showed a rise of $ 4 (+ 1.8%), after climbing $ 11.50 (+ 6.2%) in October.
Anyway, so far in 2021 the parallel accumulates an appreciation of $ 35.50 (around 20%), well below the accumulated inflation of 2021, higher than 41%.
Let us remember that during September, informal dollar it rose $ 4.50 (+ 2.5%), after posting its lowest rise since March in August, climbing just $ 1 (+ 0.6%). After hitting a low of $ 139 in early April, the parallel dollar increased $ 9 in April (6.4%), $ 7 (4.7%) in May, $ 11 (7%) in June, and $ 12.50 (+ 7.4%) in July.
Source From: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
