The CCL dollar increases 3% while the MEP jumps almost 4%. Prices have climbed up to between 14% and 16% in May.
After the significant upward rebound that they showed throughout May, Financial dollars also start June with strong increases. It happens in the midst of the scandal surrounding the Government due to irregularities in the Ministry of Human Capital and a liquidation of the harvest below expectations.
The CCL dollar increases 3% ($37.12) this Monday to settle at $1,290.61, very close to crossing the $1,300 barrier, something that has not happened since the end of January. Thus, the gap with the official exchange rate amounts to 43.8%.
For its part, the MEP jumps 3.9% ($47.39) to $1,259.09 and the spread with the wholesaler regulated by the Central Bank exceeds 40% for the first time since February.
In May, prices jumped sharply to more than $160 in May, after three months of calm. 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.
On this day, the Chamber of the Argentine Oil Industry (CIARA) and the Cereal Exporters Center (CEC) reported that Argentine agro-export companies settled a total of US$2,612 million during May, which meant a year-on-year drop. of 37%.
NEWS IN DEVELOPMENT.-
Source: Ambito
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