While, the MEP dollar amounts to $ 6.31 (+ 3.3%) to $ 197.95, with the spread at 94.1%. Simultaneously, the blue dollar rises $ 1.50 and reaches $ 200.
After deflating in the last wheels from a greater seasonal need for pesos, financial dollars reawakened to higher demand due to the levels reached (CCL at less than $ 200, and MEP close to $ 191), and by the prospect of that a scenario of monetary excess could extend beyond an eventual agreement with the IMF, they comment in the market.
The collapse of these exchange rates in recent sessions It was linked to the seasonal effect of the Personal Property tax, and also the sale of companies that have to pay the Christmas bonus, a process that would be coming to an end, given the significant rebound shown by CCL and MEP on this day.
But also the local financial climate is crossed by the rejection of the Chamber of Deputies rejected the 2022 Budget bill sent by the Government of President Alberto Fernández, a key step in the negotiation that the country is carrying out with the International Monetary Fund (IMF) for a large debt.
“The uncertainty (of the market) has a lot to do with a lot of variables, not only with the approval of the budget but also having a clearer horizon. The path to where the government’s economic scheme is aimed”, Criteria’s Christian Viand said.
Added that “There is also a bit of noise in the international market that has to do with values of ‘commodities’ (raw materials) and see what happens with (the coronavirus variable) Ómicron and things like that, but in that part we see that that’s going to stabilize faster than later. “
“The pulls on the budget do not help, since they mark the prelude to the political agreement that will be necessary by the IMF, but neither does the external climate (help),” said an operator.
The blue dollar advance this $ 1.50 and return to $ 200 this Friday, after having taken a pause in the previous wheel, according to a survey of Ambit in the Black Market of Foreign Currency. In this way, the gap with the official widens to 96.1%.
The parallel cut a miniracha of two consecutive rises on Thursday and ended unchanged. Let us remember that the informal dollar came from climbing $ 3 between Tuesday and Wednesday, after falling $ 4 last week, conditioned by a greater demand for pesos, something common at this time of year, before the payment of the Christmas bonus, plus the need for cash before the festive dates of Christmas and New Years.
Last Thursday, the blue dollar had registered the largest daily decline in a month, losing $ 2.
Official dollar
The wholesale dollar rises nine cents this Friday to $ 101.99, under the strict regulation of the BCRA. Plus Beyond the relief left by the balances of the interventions on the last wheels, operators continue to be concerned and closely monitor the evolution of net reserves against future commitments, even though a greater slippage of the wholesale dollar to despite irregular behavior.
Next week Argentina will have to face a maturity with the IMF of almost 1,900 million dollars in capital and in March another almost 4,000 million dollars.
In recent sessions, the Central Bank managed to maintain a neutral balance in its exchange interventions in the face of a greater balance in the market due to seasonal needs of pesos. “If there is an agreement with the IMF, we will accumulate reserves next year”, said a central bank source, who preferred not to reveal his identity.
As it is, the Retail dollar advances two cents this Friday to $ 107.57 -without taxes-, according to the average of the main banks of the financial system. In turn, the retail value of the dollar at Banco Nación remains at $ 106.75.
For its part, the savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax, and a 35% on account of the Income Tax- goes up three cents to $ 177.49.
Source From: Ambito
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