He Dolar blue broke his historical nominal record this Wednesday, May 22, and closed at $1,245 for purchase and $1,275 for saleaccording to a survey of Ambit in the caves of the City; after the rate reduction of the Central Bank (BCRA) and the noise it generated in the market.
Thus, the informal dollar rose another $45 in the dayafter touching $1,280 during the wheel. It has advanced $155 so far this week and broke its historical nominal maximum recorded on January 24. The gap was located in 43.3%, the highest level since February 1.
Regarding the bullish rally of the parallel exchange rate, the economist Alejandro Giaccoia highlighted that the decrease in the liquidation of exporters, which caused the CCL dollar have lower supply, which “could have been a trigger for the first increases.”
At the same time, they agree that the disarmament of carry-trade behind the decrease in the monetary policy of the BCRA, which took the rate to 40%generates greater pressure on the parallel exchange rate, since this discourages the possession of pesos. “With a lower yield (between 30% and 40%) there may be peso holders who have chosen to dollarize,” Giaccoia highlighted.
The Economist Pablo Ferrarifor its part, added the expectation of devaluation of the official dollarbecause the exchange rate with a crawling-peg Of 2% lagged behind inflation. “This process is going to accumulate exchange rate tension because it is increasingly lagging behind inflation, which slows down, but rises anyway and the idea is that at some point there can be a powerful jump in the exchange rate. official,” he analyzed.
He central bank slowed purchases by half this Wednesday, by acquiring US$59 million after becoming US$126 million and US$189 million between Monday and Tuesday, respectively. In this way, the monetary authority absorbed US$2,231 million so far in May and since December 2023 totals some US$16,957 million purchases in the exchange market.
At the political level, the tax package, that is being treated in Senate committeeonce again moved to an intermediate room and the treatment in tables of the initiatives with which the Government seeks to generate profound reforms in economic and state matters.
How much did the official dollar close at today, Wednesday, May 22
In the official exchange market, the wholesale dollar rose 50 cents to $889.50.
How much was the blue dollar sold for today, Wednesday, May 22
The blue dollar climbed to $1,270 for sale, according to a survey of Ambit in the caves of the city.
How much the future dollar traded today, Wednesday, May 22
In future dollar contracts, for June rose 0.1% to $928. For August rose 0.8% to $1,004 and to November rose 1.4% to $1,136.50. And towards the end of the year, the contract marks $1,179 after rising 1.2%
How much did the MEP dollar trade at today, Wednesday, May 22
He MEP dollar went up 5.2% to $1230.60 and the spread with the official it stood at 38.4%.
Value of the CCL dollar today, Wednesday, May 22
He dollar Cash with Settlement (CCL) advanced to $1,256.39 so the gap with the officer was located in 41.3%.
Price of the card dollar today, Wednesday, May 22
He dollar card or touristand the dollar savings (either solidary) was located in $1,453.60.
Quote of the crypto dollar today, Wednesday, May 22
He crypto dollar or Bitcoin dollar operates at $1,234.56according to Bitso.
Source: Ambito
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