This operation consists of buying foreign currency at a lower price than the illegal one and then selling it on the parallel market.
He blue dollar although it fellthis Monday, July 22, up to $1,440financial dollars deepened its bearish rallyfollowing the announcement of intervention by the Government in the market, which generated a gap between the two. Those who want to take advantage this differenceis what is called doing “mashed dollar”.
The operation consists of buying currencies, in this case in “home banking”” or in “apps”” of stock exchange companies, at a lower price than that of the illegal to then sell them in the parallel market.
What profit does the puree leave today with the blue dollar?
With the quotes for this Monday, July 22, The mashed dollar leaves a profit of almost $112.62 per bill, or a profit of 7.8%.
The blue dollar closed at $1,440 for saleaccording to a survey by Ambit in the caves of the city. For its part, the MEP dollar ended in $1,327.38.
To buy US$200 the MEP is needed $265,476 and then when I sell those bills in the cave I get $282,050which gives me a utility of $16,574.
In the event that the transaction is made with US$500are needed $663,690 to acquire bills in the stock market and then when I sell those bills in the cave I get $705,000, which gives me a utility of $41,310.
Source: Ambito
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