The MEP rises 0.6% to $ 201.56. Consequently, the spread with the official quotation reaches 99.41%.
“The BCRA continues to seek to go through this stage with the least possible drainage of net reserves, since it is the main focus of short-term concern among operators,” said economist Gustavo Ber. He added that “financial dollars continue to act as ‘thermometers’ of said expectations, with a still inclination towards coverage, waiting for progress in negotiations with the IMF that may contribute to reversing the climate of mistrust.”
Meanwhile, the blue dollar rises 50 cents to $ 201 after scoring the highest in almost three weeks before a usual higher demand for pesos at the beginning of the month.
Official dollar
The savings or solidarity dollar -which includes 30% of the COUNTRY tax, and 35% on account of the Income Tax- advanced 12 cents $ 175.81. Is that the retail dollar increased seven cents to $ 106.55 -without taxes-, according to the average of the main banks in the financial system. In turn, the retail value of the dollar at Banco Nación rose 25 cents to $ 106.25.
For its part, the wholesale dollar rose four cents to $ 101.01, under the strict regulation of the BCRA.
In the first three days of this week, the wholesale exchange rate rose twenty cents, against twenty-two cents of rise registered in the same period of the previous week.
“The expected seasonal increase in the income of the agro-export complex would be available in the last part of December, at the beginning of the commercialization of the fine harvest, a factor that can contribute to alleviate the tension in the market by facilitating the official strategy with a lower loss of reserves to meet the demand for foreign currency, “commented analyst Gustavo Quintana. Official sources estimate foreign exchange earnings in the order of US $ 3.5 billion in the coming months.
Foreign exchange settlements for exports of cereals and oilseeds and their derivatives reached both last November and in the accumulated of the first eleven months of the year historical maximum records for the sector, according to the numbers reported today by the Chamber of the Oil Industry of the Argentine Republic (Ciara) and the Cereal Exporters Center (CEC).
In this sense, companies in the agro-export sector settled last month US $ 2,042.70 million, which was the second historical mark for the month. Thus, the accumulated foreign exchange income from agro-exports in the first eleven months of the year reached US $ 30,129.63 million.
Source From: Ambito
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