Financial dollars record their third consecutive rise this Thursday, May 16, prior to the tender for Treasury bills with guaranteed returns against the inflationary slowdown.
He CCL dollar increases 0.2% to $1,094.75so the gap with the official is 23.5%.
While, the MEP dollar rises 0.8% to $1,058.63 and the spread with the official one is 19.4%.
At the same time, The blue dollar drops $5 to $1.095, according to a survey of Ambit in caves of the City.
The Government will seek rraise almost three billion pesos through the tender of four new ‘Lecaps’ bills (with maturities from June to August), three zero-coupon ‘Boncer’ and a zero-coupon ‘dollar linked’ bond.
“All eyes are on the result of the Treasury tender, which will try to get financial entities to transfer liquidity from ‘Pases’ to short-term ‘Lecaps’. It is clear that the minimum rate of ‘Lecaps’ offers great attraction for banks , mutual funds and other investors and will likely attract much of the short-term liquidity,” highlighted the consulting firm Delphos Investment.
“As always, we will also have to pay attention to the level of global net financing that the Treasury obtains and the rates that it validates in the rest of the instruments,” he noted. The maturities to be faced are almost entirely in the hands of private investors.
Faced with this operation, The BCRA has just reduced its reference rate to 40% annually against an inflation of 8.8% in Aprilfar from the 25.5% reached last December.
The Minister of Economy, Luis Caputo, said on Wednesday that The country will register “some” financial surplus in April, which would be the fourth consecutive month without a fiscal deficit.
During a television interview, he added that the The Government has not sought external financing so far and will now begin dialogue with the International Monetary Fund (IMF) about a new economic program.
Argentina would end 2024 with an annual inflation rate of 139.7%, below the 211.4% registered in 2023, while economic activity would contract 3.5% this year.or, said the Chief of Staff, Nicolás Posse, during a report in the Senate.
The official also confirmed that The BCRA will carry out monthly devaluations of 2% in the exchange rate, which would lead to official dollar at $1,016 in December.
How much is the official dollar trading at today, Thursday, May 16
In the official exchange market, The wholesale dollar rises $1 (+0.1%) to $886.50.
He official dollar-without taxes- operates at $869.96 for purchase and $927.66 for sale this Thursday, May 16. In turn, in the National Bank quotes in $865 for purchase and $905 for sale.
Price of the dollar card today, Thursday, May 16
He dollar card or touristand the dollar savings (either solidary) it is located in $1,448.
Quote of the crypto dollar today, Thursday, May 16
He crypto dollar or Bitcoin dollar operates at $1,091.99, according to Bitso.
Source: Ambito
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