Financial dollars break bearish streak and are on track to close the highest monthly rise since January

Financial dollars break bearish streak and are on track to close the highest monthly rise since January

Financial dollars are trading higher this Friday and register increases of more than $100 in May. The gap between the CCL and the official one is once again close to 40%.

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Financial dollars break a streak of three consecutive falls this Friday May 31st and They are on track to close their biggest monthly increase since January. The end of the “carry trade”, uncertainty regarding the approval of the Bases Law and a lower-than-expected settlement for exports boosted alternative exchange rates during the fifth month of the year.

The course of the first hours of the wheel shows a daily advance of $12.22 (+1%) for the dollar CCL and $10.79 (+0.9%) for the MEP. In this way, the quotes are located at $1,225.50 and $1,193.50, respectively.

In the accumulated of May, the CCL registers a shigh of $105.21 (+9.4%)whereby the gap with the official dollar increases from 24.6% to 36.9% during the period in question. Likewise, the increase in the MEP is $128.94 (+12.1%).

How much is the official dollar trading at today, Friday, May 31

In the official exchange market, the wholesale dollar climbs $1.50 to $895.50.

How much is the future dollar sold for today, Friday, May 31

In future dollar contracts, the price for June rises by 0.5% to $922.5. For July fell 0.4% to $954 and to August fell 0.6% to $992. In this way, the market expects a 11% devaluation for the third quarter of the year, equivalent to an average monthly increase of 3.7%a little higher than the current crawling peg that the BCRA has been implementing.

Price of the card dollar today, Friday, May 31

He dollar card or touristand the dollar savings (either solidary) operates at $1,462.40.

Quote of the crypto dollar today, Friday, May 31

He crypto dollar or Bitcoin dollar operates at $1,210.01according to Bitso.

Source: Ambito

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