The financial and informal dollars are in search of equilibrium prices, after the new measures promoted by the Ministry of Economy

By Marcos Phillip

11/04/2023 – 17,18hs

He Dolar blue raise three pesos this Tuesday and trade at $394 in the caves of downtown Buenos Aires, while financial dollars operate with a downward trend of up to 1%.

The stock price falls, after the National Securities Commission (CNV) ordered changes in the “parking” for sovereign bonds in dollars under local and foreign legislation. Thus, the so-called “parking” falls from 2 days to 1 for Bonares and increases from 2 days to 3 for Globales.

In this context, in the stock market, the dollar counted with liquidation (CCL) is traded at $399,52; and the MEP is offered in $387,42.

In the foreign exchange market, the retail dollar closed today at an average of $221.17, with an increase of 44 cents compared to Monday.

In the wholesale market, the US currency ended with an increase of 37 cents compared to the previous close, at an average of $213.76.

As relevant data of the day, the Central Bank made purchases today for US$2 million, which allowed it to end a streak of 23 consecutive rounds of sales.

Despite the IMF restrictions, the Government continues to intervene in the stock market dollars

The Government maintains the dichotomy of intervening in the stock market or letting its price run

How much is the blue dollar trading today?

The blue dollar is located at $394 for sale and $390 for purchase.

How financial dollars operate

The dollar counted with settlement (CCL) is trading at $399.52; and the MEP is offered at $387.42.

What is the official dollar price

He retail dollar closed today at $221.17 averagewith an increase of 44 cents compared to Monday.

In the wholesale market, the US currency ended with an increase of 37 cents compared to the previous close, at an average of $213.76.

Thus, the dollar with the 30% surcharge -contemplated in the COUNTRY tax-, marked an average of $287.52 per unit, and with the advance on account of the Income Tax of 35% on the purchase of foreign currency, to $364 .93.

Meanwhile, the dollar allocated to tourism abroad -and which has a rate of 45%- was located at $387.05, while for purchases over 300 dollars -and which has an additional tax of 25%-, it was located in $442,34.

The blue dollar operated downwards after the new government measures.

The blue started April with ups and downs

The currency gap

Lastly, the exchange gap between the average retail dollar published by the BCRA and the different exchange rates is as follows:

  • Blue: 77%
  • CCL: 82%
  • MEP: 77%

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