The parallel market for the dollar continued to show high volatility and the blue gave investors some respite. I know all the quotes
For mark phillip
02/01/2023 – 10:19 a.m.
February begins and the market pays close attention to the behavior of the exchange rate in all its segments. This Wednesday, the Dolar blue trades at $381bringing it back a bit from its all-time high of $387.
Market sources specified iProfessional that some liquidity finally appeared in the exchange houses and “that could slow down the upward trend of the blue a bit.”
“Finally, some friendly hands from the Government appeared with enough offer and that gave blue space so that it can move back a bit its price. Let’s see if this liquidity is sustained or if it is only for a few days. We lean towards the second option. The blue may take a few days off, but it is inevitable that we will see it above $400 in February,” explained a well-known forex trader from the City.
Meanwhile, in the stock market, the dollar counted with settlement (CCL) it is located at $367.48; Meanwhile he MEP $354.81 is offered.
In the foreign exchange market, the price of the official dollar it is offered at $194.35 on average.
In the wholesale market, the price of the US currency stands at $187.
The market wonders if this year the Government will step on the dollar or follow inflation
As relevant data, the Central Bank ended the day on Tuesday with sales for US$87 million. Accumulated losses for January closed at US$190 million, stated Gustavo Quintana, an analyst at PR Corredores de Cambio.
How much is the blue dollar trading today?
The blue dollar operates at $381 for sale now $377 for purchase.
How financial dollars operate
In the stock market, the dollar counted with liquidation (CCL) is located at $367.48; Meanwhile he MEP is offered to $354.81.
What is the official dollar price
The price of official retail dollar trades at $194.35 on average.
In the wholesale market, the price of the US currency stands at $187.
Thus, the dollar with the 30% surcharge -contemplated in the Country tax-, marks an average of $252.65 per unit; and with the 35% advance payment of Income Tax on the purchase of foreign currency, the average value was $320.68.
Meanwhile, the dollar allocated to tourism abroad -and which has a rate of 45%- stands at $340.11, while for purchases over u$s300 -and which has an additional tax of 25%-, it is located at $388.70.
The blue dollar showed an upward trend during January.
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: 96%
- CCL: 89%
- MEP: 82%
