The crypto dollar is trading at $970 according to Bitso and remains practically stable with respect to its previous value. Meanwhile, in some exchanges the values reach up to $993. In this way it remains almost in line with the Dolar blue.
The price of the blue dollar this Thursday, December 21
After the lowering of the fixed term interest ratehe Dolar blue accumulated an increase of $25 in the last three days. In this way, the gap with the official dollar stood at 23.8%, the lowest since 2020.
This happens after having noted the biggest daily drop in almost two months on Thursday ($80) from Last October 25, when it dropped $100 in one day.
This happens while waiting for decree of necessity and urgency (DNU) of State deregulation that the president will explain tonight on national television Javier Milei.
Analysts attribute the calm to the greater demand for pesos what’s in December to cover the typical end of year expenses (bonuses, vacations) and Christmas shopping, but they warn that as the 30-day deposits expire there is a risk that they will not be renewed and will turn to informal dollar.
At the same time, financial currencies, Cash with Settlement (CCL) and MEP On Wednesday they ended at $946.67 and $946.47, with drops of 0.2% and 1.9%, and the exchange gap remained at 16.8% and 17.8% respectively, in a scenario of greater liquidation of exporters after the devaluation, and fewer restrictions to operate.
Elena Alonso, market analyst, points out that the pesos are going to be invested not only in the bills that the Government tendered but also in the UVA fixed terms.
However, does not rule out that “a percentage also goes towards the dollar“especially the blue, which could begin to rise, but not the financial ones, which are compensated by the settlement mechanism in that market offered by the export dollar that the Government renewed.”
Source: Ambito
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