The blue dollar accelerated its bearish dynamics this Wednesday March 6 and drilled the $1,000, when quoting $960 for purchase and $990 for sale, according to a survey of Ambit in the caves of the City.
He informal dollar fell another $20 to $990, its lowest value so far in 2024 and minimums since December 18, 2023, when it closed at $985. So, accumulated a decline of 21.1%, from its nominal record of $1,255, marked last January 24.
For its part, the gap with the official dollar was reduced to 17.1%the lowest level after the abrupt devaluation carried out by the Minister of Economy, Luis Caputo.
In this way, the February trend was maintained for the informal dollarmonth in which it recorded a decrease record of 13.8% ($165), similar to July 2022 when it lost 12.4%.
Blue dollar pierces a symbolic value: near its floor?
Finally, the parallel dollar drilled for the first time in the year the $1,000which seemed to be a floor for this type of exchange. And this has its reasons, since the market sees it as a risk that the parallel exchange rate continues to fall, since It could be a negative signal for foreign trade.
And, although it is good information for the inflation to come, such a strong drop in parallel dollarson the one hand it would encourage imports and, on the other, could channel export dollars from the official market (who go to central bank towards financial dollars).
In addition, It is an incentive to go towards fixed deadlinesa topic that does not cause much enthusiasm for the banks (which are very negative regarding inflation, but beat the dollar strongly).
How much is the official dollar trading at today, Thursday, March 7
In the official exchange market, the wholesale dollar reached the $845.50 per unit, 50 cents above Tuesday’s close.
How much is the MEP dollar sold for today, Thursday, March 7
He MEP dollar operates at $977.32. Thus, the spread with the official exchange rate it is positioned in the 15.6%.
Value of the CCL dollar today, Thursday, March 7
He dollar Cash with Settlement (CCL) mark the $1,015. In that way, the gap of this exchange rate with the official located in 20.1%.
Price of the card dollar today, Thursday, March 7
He dollar card or touristand the dollar savings (either solidary) reached the $1,383.20.
Quote of the crypto dollar today, Thursday, March 7
He crypto dollar or Bitcoin dollar operates at $1,000.99according to Bitso.
Source: Ambito
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