The blue dollar fell this Tuesday, February 6, to $1,115 for purchase and $1,145 for sale, according to a survey by Ambit in the caves of the City. In this way, he accumulated a loss of $80 on six wheels.
The parallel currency pierced the $1,150 barrier by dropping $15 to $1,145, maintaining the bearish streak that began at the end of January and was below $1,200 for the fifth consecutive day. In that way, the gap with the officer It stood at 37.4%, 15 percentage points below the levels of 53% it reached in the last month.
Blue dollar: why is it falling so fast?
This is due to the fact that, usually at the beginning of the month, there is a greater demand for pesos. Although from the City of Buenos Aires, they affirmed Ambit that the bidding of the Bopreal.
“It is possible that the Bopreal tender has influenced the decline of the blue dollar. Likewise, the absorption of monetary base that this instrument promoted,” explained the Epyca economist, Joel Lupieri. Although it also affected the “holdings and perception of many investors who have now taken pressure off the price.”
Although he predicted that beyond these factors, “Given latent inflation, it is unlikely that the dollar’s downward trend will be maintained permanently”.
When asking if the Dolar blue could reach $1,100, as the economist stated in dialogue with this medium Federico Glustein days ago, the operator of PR exchange markets, Gustavo Quintanasaid “for now it doesn’t seem possible”but that “does not present evident signs of strong recovery.”
“If the law is passed, it is possible that there will be less pressure, but it does not depend on that alone”Quintana added.
For the economist Salvador Vitelli responds to a “relative offer”same as him Cash with Settlement which is also going down. “Financials are always highly correlated due to the fact that when one is triggered and the other is not triggered, arbitrations do not occur, which ultimately makes them related.
“It also has an impact agricultural liquidationssince we know that 20% goes to CCL, which is a bit added to the fact that although the demand for money begins to fall in February, we are still at the beginning of the month, where it has not yet begun to manifest itself in such a drastic way. What I observe is a relaxation of needs, which starting in the second fortnight where from there, we may see some volatility,” Vitelli explained.
Furthermore, economist Fernando Marull In a post on social networks he stated that With an official dollar at $828 plus the PAIS Tax of 17.5%, the value of the importing dollar rises to $972against a blue at $1,160 (although this Tuesday it fell to $1,145).
In this way, if the blue dollar continues to decline as it has been showing since January 31, it will soon be tied with the importing exchange rate. This Tuesday, the gap between the two was 18%.
According to him latest staff report based on the latest review of the agreement with the International Monetary Fund (IMF)the stocks would be lifted in June, when unify the exchange rates, close to the month of June. Although in the meantime, the government has to ensure that the gaps between the different versions of financial dollars begin to closeso that when the obstacles are removed the correction is minimal.
How much is the official dollar trading at today, Tuesday, February 6
He wholesale dollar rose 50 cents (0.1%) to $829.50 per unit.
How much is the MEP dollar sold for today, Tuesday, February 6
He MEP dollar was located at $1,194.74. Thus, the spread with the official exchange rate it was positioned in the 44%.
Value of the CCL dollar today, Tuesday, February 6
He dollar Cash with Settlement (CCL) quoted at $1,251.61. In that way, the gap of this exchange rate with the official is located in the 50.9%.
Price of the card dollar today, Tuesday, February 6
He dollar card or touristand the dollar savings (either solidary) was negotiated to $1,357.60.
Crypto dollar quote today, Tuesday, February 6
He crypto dollar or Bitcoin dollar operates at $1,234.99according to Bitso.
Source: Ambito
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