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The MEP dollar accumulated its fourth rise in the last five sessions and touched $1,400

The MEP dollar accumulated its fourth rise in the last five sessions and touched ,400
The MEP dollar accumulated its fourth rise in the last five sessions and touched ,400

The Financial dollars closed with increases this Thursday, July 4after having cut a strong bullish rally the previous day. The holiday in the US reduced trading volume in the CCL.

The so-called “cable” dollar rose 0.3% ($4.14), Meanwhile he MEP rose 1% ($13.18) and closed at $1,395.68. Thus, the gaps with the official exchange rate were 52.7% for the CCL and 52.4% for the MEP.

“Today is expected to be a quiet day as it will be a holiday in the US, so the CCL will not be operating and the curve will be rather flat,” warned Juan Ignacio Alra, portfolio manager of Southern Trust, in the first hours of the session.

From last week until Tuesday, the prices had seen significant jumps of up to 8.8%, amid concerns about the sustainability of the exchange rate policy.

This Friday, the Central Bank (BCRA) intervened in the wholesale market with purchases for US$22 million for its reserves in the regulatory position of market liquidity.

“The government is asking for more time to further strengthen reserves before establishing a new monetary and exchange rate program,” said José María Segura of PwC Argentina. “The question is whether the market will give it to them and, if so, at what price (interest rate),” he added.

How much is the official dollar trading today, Thursday, July 4?

In the official exchange market, the wholesale dollar rose $1 to $916.00 per unit.

How much is the dollar futures trading today, Thursday, July 4?

In future dollar contracts, the quote for the end of the month is July held at $941 By August it had fallen 0.5% to $981, and by September it had dropped 0.7% to $1,027.5. By the end of the year it had dropped 1.2% to $1,202.0..

Price of the dollar card today, Thursday, July 4

He dollar card or touristand the dollar savings (either solidary) climbed to $1,494.40.

Crypto Dollar Price Today, Thursday, July 4

He crypto dollar or Bitcoin dollar operates to $1,399.22according to Bitso.

Source: Ambito

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