The blue dollar went down again this Thursday, February 15 and closed at $1,045 for the buys and $1,075 for saleaccording to a survey of Ambit in the caves of the City.
The parallel currency lost another $30, so in two consecutive rounds it accumulated a loss of $70. During the day, he touched a low of $1,060.
Thus, the gap with the officer it was reduced to 28.8%minimums since last January 5 (26.2%).
From nominal record of $1,255registered on last January 24accumulated a drop of $180 (-14.3%) and little by little it is approaching its lowest value of the year, recorded on January 2, when it was listed at $1,005.
Analysts agree that the new drop in the price of the informal dollar is linked to a sharp drop in demand.
Despite the fact that inflation moves at a rate of 20% monthly and that this month is characterized by lower demand for pesos, financial dollars also reached the real minimum since Javier Milei assumed the Presidency.
Economists explain the phenomenon in an excess of supply and low demand by companies. According to an analysis by Portfolio Personal de Inversiones (PPI), the cash with liqui these days touched a new real minimum in Milei’s administration.
Even taking perspective, it plummeted 21.8% in real terms from the peak it reached on January 18, when this price reached the equivalent of $1,503 today ($1,312 nominal).
“The sharp decline in the financial dollar would be explained, at least in part, by an extraordinary supply in this market. Along these lines, we detected that the volume operated in the MAE spot dollar, proxy for the liquidation of exporters, jumped to au$ s500 million, the highest level since August 25 (days after the post-PASO devaluation of 08/14). This atypical volume would have originated from the postponement of the settlement due to the Monday and Tuesday holidays”, they considered.
Currently, exporters settle 80% in the official dollar and the remaining 20% in cash with settlement. Of those US$500 million settled in the Single and Free Exchange Market (MULC), it is estimated that Around US$125 million were channeled into the financial dollar market, much higher than the average US$80 million recorded during the previous week. However, private demand also increased, from US$181 million on Thursday and US$200 million on Friday, to US$248 million this Wednesday.
For Ignacio Morales, an analyst at Wise Capital, this phenomenon could also be explained by the dismantling of positions due to the companies’ need for pesos. Among them, the payment of tax obligations, the beginning of MSMEs’ access to the MULC and access to the Bopreal Series 2 tender (import bonus).
How much was the official dollar quoted for today, Thursday, February 15
In the official exchange market, the wholesale dollar increased 50 cents to $834.50, under the administration of the BCRA.
How much the MEP dollar is sold for today, Thursday, February 15
He MEP dollar fell 3.3% to $1,086.86. Thus, the spread with the official exchange rate it was positioned in the 30.2%.
Value of the CCL dollar today, Thursday, February 15
He dollar Cash with Settlement (CCL) fell 1.8% to $1,153.28. In that way, the gap of this exchange rate with the official was located in the 38.2%.
Price of the card dollar today, Thursday, February 15
He dollar card or touristand the dollar savings (either solidary) rose 80 cents to $1,365.60, about $271 above blue, which represents the largest gap since the beginning of the year.
Quote of the crypto dollar today, Thursday, February 15
He crypto dollar or Bitcoin dollar operates at $1,118.56according to Bitso.
Source: Ambito
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