The currency crisis unleashed by political and economic uncertainty managed to take a breather thanks to official intervention
By iProfessional
09/05/2023 – 07,06hs
After a relatively quiet start to the week, the blue dollar is trading this Tuesday at $470 in the caves of downtown Buenos Aires.
Market sources pointed to iProfessional that if the meetings between the Economics team and the International Monetary Fund come to fruition, “there could be a more pronounced drop in the prices of free dollars in the short term”, although they warned that this effect will be temporary.
In the stock market, the dollar counted with liquidation (CCL) is traded at $457,69; Meanwhile he MEP is offered to $430,43.
In the foreign exchange market, the retail dollar trades at an average of $238.18. For its part, in the wholesale market, the US currency is obtained at an average of $227.65.
As relevant data from Monday, the Central Bank closed with a positive balance of US$7 million, thereby extending the purchases for the second consecutive round after the US$2 million acquired last Friday.
After the April record of $497, the blue started May with more calm.
How much is the blue dollar trading today?
The blue dollar is located at $470 for sale and $465 for purchase.
How financial dollars operate
In the stock market, the dollar counted with liquidation (CCL) is trading at $457.69; Meanwhile he MEP It is offered at $430.43.
What is the official dollar price
He retail dollar trades at $238.18 average.
In the wholesale market, the US currency stands at an average of $227.65.
Thus, the dollar with the 30% surcharge -contemplated in the COUNTRY tax-, marks an average of $309.63 per unit, and with the advance on account of the Income Tax of 35% on the purchase of foreign currency, to $393 .
Meanwhile, the dollar destined for tourism abroad -and which has a rate of 45%- stands at $416.81, while for purchases over 300 dollars -and which has an additional tax of 25%-, it is located in $476,36.
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: 97%
- CCL: 92%
- MEP: 81%
