In this framework, the spread with the official wholesale exchange rate, which is regulated by the Central Bank (BCRA), fell to 96.5%, the lowest level since October 25. In parallel, the blue was more than $ 20 from the CCL (closed at $ 219.25), and maintained its slight distance from the MEP (ended the day at $ 210.96).
The price of the currency came from registering its second consecutive weekly decline. After hitting an intraday record at $ 207 on November 11, the bill traded from there in a range of just $ 2.50 (between $ 199 and $ 201.50).
It should be remembered that in November the dollar informal slowed down its upward march, since it closed the month with an advance of $ 4 (+ 2%), after having climbed $ 11.50 (+ 6.2%) in October.
Also, so far in 2021 the parallel accumulates an appreciation of $ 34.50 (around 20%), well below the accumulated inflation of 2021, higher than 41%.
As for what may happen in December, the economist Federico Glustein, in dialogue with Ámbito, considered that “the blue dollar, if there is no strange movement, will remain close to the MEP price, which today both are around $ 200”.
“Having passed the elections where the blue seemed to grow at an accelerated rate and very far from MEP, at almost $ 30 of gap, the path of the blue seems to be more tied to stability with slight movements due to the demand of travelers, dollarization of bonuses and portfolios as a precaution, “said the specialist.
Source From: Ambito

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