The Government announced the elimination of the exchange rate. With these ads you can access the MEP dollar without a minimum term of bond possession.
With the announcement of the government of elimination of the exchange ratefrom this Monday the changes in regards to the dollar. It is worth mentioning some important aspects.
What changes with the MEP dollar after the elimination of the exchange rate
1. Parking elimination: the measures presented by the Minister of Economy, Luis Caputoare part of phase 3 of the economic program, including the elimination of “parking” For human persons, which is the minimum term of tenure for bond operations, for access to MEP dollar.
In this way, the General Resolution 959/2023 of the National Securities Commission (CNV)in line with the elimination of restrictions on access to the official dollar for human people. So far, the “parking” (Minimum term of bond possession) It was a business day from the liquidation of the purchase. With this elimination, you can buy and sell the bonds and obtain the dollars at the time.
Dollar reservations devaluation
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2. ceases to be the only legal way to dollarize
During the stocks, the MEP dollar was one of the most used forms to buy dollars avoiding the monthly limits of the official market. Now, with the possibility of buying dollars freely through home banking, You no longer need to resort to MEP to access foreign exchange.
3. Elimination of the exchange gap
The Government implemented a Flotation band for the official dollarthat will move between the $ 1,000 and $ 1,400. Until now, the MEP dollar quoted well above the officer due to the restrictions of the stocks, but to the new exchange policy, Both exchange rates tend to converge.
The possibility of intervention of the Central Bank within the band too Lift the variations of the MEPwhich generates a Minimum gap between the MEP and the officer. This new scenario Discounted the “pure dollar”that is, the strategy of buying dollars at the official exchange rate and selling them in the MEP market to obtain a gain for price difference.
Step by step to buy dollar mep or dollar bag
To buy MEP dollar o Dollar bag must be followed the following steps:
- Open an account in a local broker: To get the dollar bag it is necessary to open an investment account in a local stock market or broker. To operate, an account must be opened in one of the intermediary companies, which is already free. To do this, you have to complete simple forms and verify the identity.
- Deposit funds: Once the investment account is opened, it is necessary to deposit the amount of money that the person wants to change from a bank account of the same holder. Before operating, you must have enabled the CBU of the bank account in dollars to deposit the money there.
- Buy the GD30 or 30: To acquire the MEP dollar you have to buy an asset that is negotiated in pesos and in the American currency with immediate cash (CI). For this, most investors use the GD30 bonus because it has a high volume of operations and its price is more stable.
- Sell Bonds in Dolla: Without parking, the person can sell the assets at the time. To do this, you must select the “immediate counted” option with the Tag Al30d/GD30D. There you must determine the number of bonds that you want to sell and choose the market price. When the operation has been performed, liquid dollars will be available on the broker platform ready to be transferred to the bank account.
Source: Ambito
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