Stock exchange rates are trading lower this Wednesday, after having started the week with strong increases.
The Financial dollars contracted sharply this Wednesday, July 3after two previous days marked by turbulence in the markets. However, prices still remained above last week’s levels.
The CCL dollar fell 2.4% (-$34.43) to $1,394.29Meanwhile he MEP recorded its biggest daily decline since March 7, falling 3.2% (-$45.96) to $1,382.50. Thus, the gaps with the official exchange rate ended at 52.4% for the “cable” and 51.1% for the “bag”.
Since last week, prices have seen significant jumps of up to 8.8%.The 2% monthly crawling peg for the official exchange rate is insufficient in relation to inflation and the gap, and it does not contribute to the exit from the cepo,” said Rava Bursátil.
The market doubts the sustainability of the current exchange rate policy, given the low accumulation of reserves by the Central Bank (BCRA).
Economist Gustavo Ber said that the gap “requires rapid stabilization, based on a more conservative attitude among economic agents while they wait for definitions that allow for the recovery of better expectations, an ingredient that is key within the current political and economic model.”
How much did the official dollar close today, Wednesday, July 3?
In the official exchange market, the wholesale dollar rose 50 cents to $915.00 per unit.
How much was the dollar futures traded today, Wednesday, July 3?
In future dollar contracts, the quote for the end of the month is July fell 0.6% to $942.50 toward August It did so by 0.7% $985.50, and to September showed a decrease of 0.9% to $1,035. For end of the year closed with a drop of 0.9% $1,215.50.
Price of the dollar card today, Wednesday, July 3
He dollar card or touristand the dollar savings (either solidary) climbed to $1,493.60.
Crypto Dollar Price Today, Wednesday, July 3
He crypto dollar or Bitcoin dollar operates to $1390.00according to Bitso.
Source: Ambito
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