Blue dollar closed April on the rise after two monthly declines, but remains more than $100 from its record

Blue dollar closed April on the rise after two monthly declines, but remains more than 0 from its record

The blue dollar rebounded in April after climbing $30 (+3%) in the fourth month of the year and marking its second increase of 2024. In the daily comparison, the informal exchange rate closed at $1,010 for purchase and $1,040 for saleaccording to a survey of Ambit in the caves of the City. After the drop, this currency once again positioned itself as the cheapest on the market after remaining six wheels above the MEP.

He informal exchange rate $5 (-0.5%) and ended at $1,040. In this way, the gap with the officer he was located in the 18.7%.

Despite the pressure of exchange rate parallel by the monetary policy rate reductionhe Bases bill and the tax packagepromoted by the Government of Javier Milei to make profound changes in the Argentine economy, excites investors who hope that make the economy more flexible.

Blue dollar: what could happen to the currency next month?

He Dolar blue is still about $110 away from its all-time high marked the past January 24when it closed in $1,255. However, from that record the exchange rate began to fall and during the end of February and the month of March it varied between $980 and $1,100.

Now, in May there are several factors that could influence the pax exchange of this type of change, among them are the approval of the Bases law and the fiscal package, which this Tuesday achieved half a sanction in Deputies and is now being voted on section by section. It will also influence the soybean liquidationbecause it is a quarter of great importance for foreign exchange income, which is still slowing down.

In contrast, what will have a negative impact on the Dolar blue is the lowering of the BCRA’s monetary policy, from 70% to 60%, by reducing the rate by 10 points. This was the the fourth rate cut and the second during Aprilwhich led to a new drop in the yields of fixed terms.

How much was the official dollar quoted at today, Tuesday, April 30

In the official exchange market, the wholesale dollar closed stable in $876.50. Thus, The exchange rate regulated by the Central Bank showed an increase of 2.2% in Aprilrespecting the crawling-peg announced by the monetary authority in December.

How much the future dollar closed at today, Tuesday, April 30

The future dollar for end of May fell 0.2% to $904, while for June fell 0.6% to $929. For end of the yearMeanwhile, the price fell 2.4% to $1,205.

How much did the MEP dollar operate at today, Tuesday, April 30

He MEP dollar listed in $1,040.89 and the spread with the official one stood at 18.8%.

Value of the CCL dollar today, Tuesday, April 30

He dollar Cash with Settlement (CCL) was sold in $1,092.13so the gap with the official was 24.6%

Price of the card dollar today, Tuesday, April 30

He dollar card or touristand the dollar savings (either solidary) reached the $1,433.60.

Quote of the crypto dollar today, Tuesday, April 30

He crypto dollar or Bitcoin dollar operates at $1,078.32, according to Bitso.

Source: Ambito

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