The bill had dropped by $ 2 on Monday, but on Tuesday it bounced strongly to $ 209, a figure that had only reached on December 29, 2021.
In December, the parallel dollar advanced 3.2% ($ 6.50), against a monthly inflation that the market estimated at 3.4% according to the latest REM of the BCRA.
Likewise, in the accumulated of 2021 it had a rise of 25.3% ($ 42), almost half with respect to the expected inflation of the period. However, it is worth remembering that in 2020 it had shown a sharp jump of 111%.
“The last closing of the Central Bank’s balance sheet gives an equilibrium dollar of $ 220. In that sense, a blue below that figure is given away,” the market analyst, Salvador Di Stéfano, told this medium, who emphasized the high weight of monetary issuance in financing the fiscal deficit, which could imply a delay in exchange rates if inflation accelerates.
For its part, the economist Gustavo Ber said that investors “continue to be inclined towards hedging in a climate of uncertainty both internally and externally, where the rate hike in the US becomes a serious challenge for emerging markets”.
The specialists also warn that the performance of the blue will depend on several factors, among them the negotiations with the IMF and the strategy regarding the management of the official exchange rate.
What is the blue dollar?
The value of the blue dollar has a substantial difference with the official dollar, which is acquired in banks and has an established price. Its sale is in the informal market, without regulations or limits, and that is why it is generally operated at a value greater than the official dollar.
Why is it called a blue dollar?
The origin of the dollar blue as a denomination for the operation of the banknote in the informal market is not clear. But there are theories.
An explanation of its name indicates that it is so called because in English, “blue”, in addition to naming the color blue, refers to something “dark”.
Another theory relates it to purchase operations through bonds or shares of companies known as “blue chips.” They also link it to the approximate color that appears when a fibron is applied to detect counterfeit bills.
The price of the blue dollar in the last 30 days
So far this month, the blue dollar shows a rise of just 50 cents (0.2%).
Price of the savings or tourist dollar, from January 12
The The dollar today closed at $ 109.05 this Wednesday, January 12, 2022, -without taxes-, according to the average in the main banks of the financial system. In turn, the retail value of the currency at Banco Nación remained at $ 108.50.
More news about the Blue Dollar and Dollar
What were the causes of the strong rise in the blue dollar
They detect the two reasons that worsened financial conditions in the country
The dollar and the 2 exchange adjustment alternatives: sharp jump or monthly correction?
In recent months, Argentines preferred the saving dollar over the blue
How much the dollar will rise in 2022, according to the market
Source From: Ambito
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