The financial dollars rebound upwards this Friday, January 3, but are on track to register their first weekly loss in a month. After overheating at the end of 2024, both the MEP and the CCL stopped their upward climb and the gap with the official fell to 15%.
At the beginning of this wheel the MEP dollar increases $2.65 (+0.2%) to $1,164.77therefore the spread with the wholesale exchange rate is 12.5%. Even so, in this short week the price shows a decrease of $5.79 (-0.5%).
For its part, The CCL dollar climbs in daily terms about $7.88 (+0.7%), but in the weekly accumulated value it falls 48 cents. In this case the gap is 14.2%.
It is worth remembering that In December, prices rose to almost 9%, although throughout 2024 they showed adjustments of up to 21.7%well below the inflation of the period and in line with the rest of the exchange rates.
In the official market, this Thursday the Central Bank (BCRA) bought US$172 million on the first business day of the year and Reserves rose US$2,098 million to US$31,705 millionfor which they recovered everything lost in the last round of 2024 (-$1,917 million) and added an additional. It is worth remembering that these large amounts They are common at every end and beginning of the month.
“After a record 2024 in terms of BCRA purchases in the MULC, we believe that the exchange rate dynamics in 2025 will depend on some factors, both domestic and exogenous. On the side of the first, It will be key to see whether or not the Government extends the ‘blend dollar’which in 2024 prevented the BCRA from purchasing, on average, around an additional US$1.3 billion per month, according to our estimates,” he said. Juan Manuel FrancoChief Economist of SBS Group.
The analyst added that the exchange rate appreciation since, “if it deepens, it could imply greater demand for foreign currency for imports of goods and services.” “On the exogenous side, the factors to follow will mainly be the prices of the commoditiesthe degree of strengthening of the dollar as a global currency, US trade policies and the fiscal dynamics of Brazilwhich has been adversely affecting the Brazilian real,” he said.
Challenges 2025
Looking ahead to 2025, GMA Capital He maintained that the Government’s focus will be on increasing productivity. “To achieve this, their idea is to complement the deregulatory package with lower tariffs, greater trade openness and, above all, greater simplification in the tax section. However, there are several challenges that loom like clouds on the horizon. One of the main challenges would come from the low level of the real exchange rate“, the entity deepened.
“The dollar at $1,030 is similar to the exchange rate of August 2015 or January 1999. This strength of the peso could put the current account and the accumulation of reserves at risk in a framework of a financial account that is still closed. A new agreement with the IMF with fresh disbursements could lighten the burden of financial dollars, while the consolidation of the energy surplus would strengthen the trade channel and compensate for the tourism deficit. Meanwhile, the release of the stocks, in our opinion, is more likely to be a gradual process and not a specific event,” he said.
How much does the official dollar trade at today, Friday, January 3
In the official exchange market, the wholesale dollar climbs $3 to $1,035.50, which is why it increases $4 (+0.4%) during the week. In the accumulated of December it advanced 2%in line with the monthly “crawling peg” scheduled by the Central Bank (BCRA) throughout 2024.
In 2024, the increase was 27.7% (+223.55), well below general inflation that is estimated to be close to 120%. Consequently, The real exchange rate reached its lowest level since the end of 2015.
How much is the future dollar trading at today? Friday January 3
All Future dollar contracts showed sharp declines on Thursday. By the end of January, the market expects a wholesale exchange rate of $1,057.50, which would imply an increase in the 2.4%.
Starting in February, the market expects a much lower average monthly crawling rate of 1.7%.. Annualized nominal rates (TNA) converge to the 22%/23% area.
How much is the blue dollar sold for today, Friday, January 3
He blue dollar operates at $1,180 for purchase and $1,200 for sale, while the gap with the officer is located in the 15.9%
Card dollar price today, Friday January 3
He dollar card or touristand the dollar savings (either solidary) operates at $1,369.65.
Crypto dollar quote today, Friday January 3
He crypto dollar or Bitcoin dollar quotes at $1,199.78, according to Bitso.
Source: Ambito
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