Free dollars do not find their equilibrium point. The BCRA adds reserves with the soybean dollar, but it does not seem to calm the exchange market
For mark phillip
12/29/2022 – 10:15 a.m.
In a week marked by high volatility, the Dolar blue It is trading this Thursday without changes at $357 in the caves of downtown Buenos Aires, which is why it is at its all-time high
Sources from the city of Buenos Aires explained to iProfessional that official intervention will be “the order of the day” throughout the exchange market. All free dollars, financial and informal, from now on will be under “some kind of containment” to avoid a stronger escalation in prices.
“The dollars that were so lacking throughout the week began to appear in the caves to try to provide liquidity, while the financial dollars had a very strong official intervention placing bond sales orders to contain cash with liquidation and the MEP,” said a research analyst from a major consulting firm.
In the stock segment, the dollar counted with liquidation (CCL) is traded at $346.13Meanwhile he MEP (Electronic Payment Market) does so through $331.63.
For its part, the retail dollar sells for an average of $183.51. In the wholesale market, the US currency stands at $176.40.
Free dollars close the year with an upward trend.
How much is the blue dollar trading today?
The Dolar blue operates at $357 for sale and $353 to buy.
How financial dollars operate
In the stock segment, the dollar counted with settlement (CCL) trades at $346.13, while the MEP (Electronic Payment Market) trades at $331.63.
What is the official dollar price
The official retail dollar sold to $183.51 average.
In the wholesale market, the US currency stands at $176.40.
So, the dollar with the 30% surcharge – contemplated in the Country tax – averages $238.56 per unit; and with the 35% advance payment of the Income Tax on the purchase of foreign currency, the average value is $302.79.
The dollar allocated to tourism abroad -and which has a rate of 45%- stands at $321.14, while for purchases over u$s300 -which has an additional tax of 25%-, it is positioned in $367.02.
The blue dollar seeks its 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: 94%
- CCL: 88%
- MEP: 81%
