Exchange rates started the day higher, but quickly turned around and lost up to $10 in the first financial round of the year.
The financial dollars They fall this Thursday, January 2, on the first business day of the year. After the festivities of Christmas and New Yearboth the MEP and the CCL drop to $10, while the blue remains above the $1,200.
He MEP dollar drops $2.67 (-0.2%) to $1,167.74 and remains the cheapest exchange rate on the market after an advance of 8.8% in the month of December, although it ended 2024 with an increase of 17.7%, well below inflation. In this context, the spread with the wholesaler it rises and is located above the 13%.
For his part, the “Cash with Settlement” or CCL drops $9.82 (-0.8%) to $1,177.11 and the gap with the wholesaler is located in 14%. It is worth remembering that in December, this price advanced 6.8% while the year ended with an adjustment of the 21.7%, Both exchange rates grew below inflation.
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, Thursday, January 2
In the official exchange market, the wholesale dollar go up $1 to $1,033 for sale.
In December the exchange rate advanced 2%, in line with the “crawling peg” monthly scheduled by the Central Bank (BCRA) throughout 2024.
In the year 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.
Price of the card dollar today, Thursday, January 2
He dollar card or touristand the dollar savings (either solidary) operates at $1,368.25.
Quote of the crypto dollar today, Thursday, January 2
He crypto dollar or Bitcoin dollar quotes at $1,200.01 according to Bitso.
Source: Ambito
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