MEP and CCL dollar rebound, but remain the cheapest on the market

MEP and CCL dollar rebound, but remain the cheapest on the market

This happens in a context in which the market begins to digest the “omnibus law“, with which it aims to implement State reforms and deregulate the economy, but which, in addition, implements a money laundering system, a tax moratorium and changes in Personal Assets, among other novelties.

In that framework, the CCL dollar falls $2.21 (-0.25%) to $868.76. In this way, $73 sinks in three days and thus the spread with the official exchange rate is 7.5%.

While, The MEP dollar drops $7.45 (-0.8%) to $940.04 and marks a gap of 16.34% with the official one.

Context for financial dollars

“With the greater supply from exporters, added to the high seasonal demand for December pesos and the restrictions that continue to operate in the exchange market have allowed financial dollars and the gap with the official dollar to continue to decline,” said Martín Cohen, Cohen’s chief strategist.

As he maintains CMF Bank in its daily report, “over the last few days, the Government has been working hard on the omnibus law which was presented to Congress to be discussed in Extraordinary Sessions”, which seeks to change the fundamental bases of politics and the economy of the last 20 years.

They anticipate that “The battle in Congress will be difficult” because the party of President Javier Milei (LLA) has only 10% of the senators and 15% of the deputies, which could extend to 39% and 51%, respectively, if the support of the entire JxC is achieved.

As for the project itself, It has 351 pages and 664 articles (the DNU had 83 pages and 366 articles). Its extension implies the impact of issues as diverse as tax, electoral, retirement, tax, civil, education, health, among others. “Meanwhile, on the economic-financial level, the peso liquefaction strategy continues, while the free dollar remains stable,” the report says.

In this scenario, the blue dollar rose $5 and closed at $1,000. In this way, the gap with the official dollar stood at 23.8%. Thus, the blue dollar broke seven consecutive wheels in which it was below $1,000.

How much is the wholesale dollar trading at today, Thursday, December 28

He wholesale dollar is located in the $808 and up 60 cents. Let us remember that on Wednesday, December 13, the Government devalued the peso by more than 50% and took it from $366 to $800.

Price of the card dollar today, Thursday, December 28

He dollar card or touristand the dollar savings (or supportive) quotes in the $1,324.40.

Crypto dollar quote today, Thursday 28 from December

He crypto dollar or Bitcoin dollar operates at $947.9according to Bitso.

Source: Ambito

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