He stable blue dollar to $1,335 for purchase and $1,365 for saleaccording to a survey of Ambit in the caves of the City.
When starting the wheel, the informal exchange rate rose $15, but it erased the rise towards the close. So far this week it has climbed to $65. Thus, the gap exceeds was located in the 49.8%.
So far in June, the informal dollar has accumulated an increase of more than $145. Let us remember that, in May, this exchange rate had already climbed $185 (17.8%), after three months with slight oscillations.
Demand for dollarization after paying bonuses to many workers, real rates still negativean expectation of lower foreign currency purchases by the BCRA and the pace of liquidation They put pressure on the exchange rate.
Exchange pressures: why the blue dollar is rising
From Wise Capital They added that “although we are in a stage of the year in which the price of the North American currency tends to rise the collection of the bonuscan also be mentioned other motives to understand the rise: one of them is negative real rates of fixed terms (2.9% monthly, against an inflation that in June will possibly be above 5%)”.
They also described that “the monthly devaluation is not yet equal to the level of inflation, making Argentina still expensive.” They detailed that The North American currency was adjusted monthly with devaluations of 2%, for the month of May these values were close to the measured inflation of 4.2%.
In turn, the economist Gustavo Ber explained: “In the midst of a slower pace – and greater irregularity – in BCRA purchases, Expectations grow due to the dynamics of reserves given the current lower accumulation of reserves and the prospects for the usual lower supply of foreign currency in the second half”.
In this context, he expanded, the financial and free dollars remain firm and consolidate at $1,300 “from a greater demand for dollarization” by economic agents, due to various factors: greater caution, the bonus/vacation and lower interest rateswith investors still watching political and economic events.
Lastly, for Juan Manuel FrancoChief Economist SBS Group: “One of the focuses in the short term is export settlement flows in a context in which they remain below April levelswhich it involves lower supply of dollars in a framework of lower nominal rates that reduce the attractiveness of the carry trade.
For the expert, this issue is key because the Government needs “contain possible exchange rate pressures” given that an escalation in these could lead to “pressures on both prices and the exchange gap, increasing devaluation expectations despite the fact that the Government says that it will maintain the crawling peg of 2% monthly”.
How much is the official dollar trading at today, Thursday, June 27
In the official exchange market, the wholesale dollar rises $2.50 to $911.50 per unit.
How much is the MEP dollar trading at today, Thursday, June 27
He MEP dollar quotes at $1,293.42 so the gap with the official figure amounts to 42.2%.
Value of the CCL dollar today, Thursday, June 27
He dollar Cash with Settlement (CCL) operates at $1,318.85 and the spread with the official it is at 44.93%.
Price of the dollar card today, Thursday, June 27
He dollar card or touristand the dollar savings (either solidary) scale to $1,484.00.
Crypto dollar quote today, Thursday, June 27
He crypto dollar or Bitcoin dollar operates at $1,329.99, according to Bitso.
Source: Ambito
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