The dollars continue to search for their new equilibrium point and the market wonders if the Government will support its price in the face of a rise

For mark phillip

04/01/2023 – 12:10 p.m.

The Dolar blue resumed its bullish stance in the last round and is trading this Wednesday unchanged at $354 in the caves of downtown Buenos Aires.

Market specialists pointed to iProfessional that according to the charts and technical analysis, the blue has a “clear route towards $375 or $380”, with which it is estimated that the currency will suffer a lot of upward pressure in the coming days, “unless the Government brake with calls”.

“The blue dollar is in an upward channel. There is more than a stock of pesos circulating and it faces a strong exchange rate delay. This is going to put pressure on its price. In addition, the devaluation that the real may suffer in Brazil with the arrival of Lula nor is it going to help so that the currency has a quiet summer,” explained a well-known trader from the city of Buenos Aires.

In the stock segment, the dollar counted with liquidation (CCL) is traded at $343.43Meanwhile he MEP (Electronic Payment Market) does so through $333.70.

For his part, he official dollar retailer sells for an average of $186.22with a rise of 23 cents compared to yesterday.

In it wholesale segmentthe US currency operates in $178.68with an increase of 32 cents in relation to the last closing.

Free dollars close the year with an upward trend.

The market wonders if this year the Government will step on the dollar or follow inflation

How much is the blue dollar trading today?

The Dolar blue operates at $354 for sale and $350 to buy.

How financial dollars operate

In the stock segment, the dollar counted with liquidation (CCL) is traded at $343.43Meanwhile he MEP (Electronic Payment Market) does so through $333.70.

What is the official dollar price

For his part, he official dollar retailer sells for an average of $186.22with a rise of 23 cents compared to yesterday.

In it wholesale segmentthe US currency operates in $178.68with an increase of 32 cents in relation to the last closing.

Thus, the dollar with the 30% surcharge -contemplated in the COUNTRY tax-, marks an average of $241.79 per unit, and with the advance on account of the Income Tax of 35% on the purchase of foreign currency, to $306 .88.

Meanwhile, the dollar allocated to tourism abroad -and which has a rate of 45%- stands at $325.48, while for purchases over 300 dollars -and which has an additional tax of 25%-, it is located in $371.98.

The blue dollar traded at $289 this Friday

Free dollars seek their new equilibrium price

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: 90%
  • CCL: 85%
  • MEP: 78%

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