Finally, the first wheel came without exchange stocks, at least for retail access. Thus, both the illegal ticket and the stock markets fell between 6%and 6.5%, while the officer shot 11.32%.
He debuted New exchange scheme And, after various hypotheses that happened in the weekend, finally The official dollar closed at $ 1,233.36, which implied a rise of 11.32%and The types of parallel changes fell between 6% and 6.5%, so the gaps compressed strongly between 4% and 7%. This happened while some Home Banking collapsed, and the amount of currencies operated in the caves was reduced.
“There was more movement than usual”he told this media an important bank and confirmed that, at times, “There were intermittences in the service” given that The system “oversized”. Also reported that there was Disarmament of common investment funds that they went to look for exchange coverage. However, they assured that, at the end of the day, the balance was positive within what it implies disassemble an stock that has been just under a decade.
Within that framework, it could also be evidenced that Banks They decided to validate higher rates For deposits to Fixed termin order to go out to capture pesosgiven the possibility that Follow the strong demand for dollars And, in addition to the loss of liquidity that they evidenced because the BCRA suspended the window of active passes. In fact, the first to move the rate was the Nation bank that rose it to 37%.
Regarding Blue dollarwas strong price dispersion in different caves and much less movement. Is that the illegal ticket, now that access to the officer has fewer restrictions, had much less demand and closed to $ 1,255 For purchase already $ 1,285 For sale, according to the operators of the City consulted by Scope.
Thus, the informal dollar experienced a fall in $ 95 (-6.6%)marking its greatest descent Since December 14, 2023 (-7.5%), at the beginning of Javier Milei’s mandate. Something similar happened with the types of financial changes: the MEP dollar lost 6% a $ 1,253.40 and the CCL He sank to $ 1,256.04. In this way there was A strong contraction in the gap: they went from levels between 25% and 27% on Friday and are now between 4% and 7%.
On the other hand, the Central Bank (BCRA) It remained neutral. The monetary entity did not intervene In the official market since the official currency operated between the bands. In addition, International gross reserves fell at $ 421 million au $ 24,305 million, minimum since January 18, 2024. The decline responds fundamentally to sales made by the BCRA on Friday. For this Tuesday, the first IMF disbursement for US $ 12,000 million is expectedwhich will help recompose reservations.
Bonds and actions rose strongly
Bonds in dollars and ADRs had a historic day. As for the first experienced an advance of up to 11%, driven by the Bonar 2041 and the Global 2041 (+10.1%). Also registered significant increases Global 2035 (+10%), and the Bonar 2035 (+9.3%). Despite this, the country risk measured by him JP Morgan It was located in 890 basic pointsthat is, 1.8% above Friday’s closure.
The Argentine actions that operate in the New York square also closed with strong increases headed by Supervielle Group in 16.9%, BBVA Bank (+15.7%), and Macro Bank (+14.4%). Meanwhile, The S&P Merval operated with a rise of 4.2% in pesos, while in dollars climb 11.1%. The actions with greater advances were Metrogas (+19.5%), Passener (+13.5%) and Supervielle Group (+11%).
Source: Ambito
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