Financial dollars fall again after Milei’s speech: they break 4 and a half year lows

Financial dollars fall again after Milei’s speech: they break 4 and a half year lows

In that framework, the MEP drops $27.7 (-2%) until the $1,032.77. In this way, the gap with the officer is located in a 22.3%.

For his part, the CCL dollar falls $32 (-2.9%) until the $1,055.75, and the spread is positioned in the 25%.

“As traders continue to monitor the dynamics of the accumulation of reservesthey also follow closely crawling-peg strategy given that it is anticipated that it may require a short-term acceleration in order to avoid a further loss of competitiveness before harvest,” he said. Gustavo Ber.

And he added: “The better expectations of operators have been deflating financial dollars, also in the face of renewed bets on carry-trade, although levels already close to $1,000 could act as a psychological floorjust as they have been threatening, within a context of high background nominality”.

How the financial dollar is in historical terms

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From their networks, Salvador Vitellihead of Research at Romano Groupasserted that the CCL is at $35 of the post-STEP 2019 dollar and $176 of the pre-STEP 2019 dollar. “It continues to break 4 and a half year lows,” he warned.

What Javier Milei said during the opening of ordinary sessions

The president called for an agreement with former presidents, governors and all politicians who want to join the one he appointed “May Pact”which would be signed in Córdoba on May 25 and has 10 key points to “refound the country”.

In a speech lasting a little more than an hour, Milei said that the objective is “leave behind the antinomies of failure and embrace ideas of freedom, with the ten State policies that the country needs.”

Although “before signing the May Pact“, the head of state instructed his ministers to summon the governors “to the Casa Rosada to sign a pre-agreement” for “enact the Bases law and a fiscal relief package for the provinces”.

How much is the official dollar trading at today, Monday, March 4

In the official exchange market, the wholesale dollar raise $2 to $844.50.

Price of the card dollar today, Monday, March 4

He dollar card or touristand the dollar savings (either solidary) reaches the $1,378.40.

Quote of the crypto dollar today, Monday, March 4

He crypto dollar or Bitcoin dollar operates at $1,026according to Bitso.

Source: Ambito

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