The CNV initiative put all local investors on alert and transferred the pressure to the blue, which remained the only free currency in the market
By iProfessional
03/05/2023 – 07,02hs
The blue dollar is trading this Wednesday at $474 in the caves of downtown Buenos Aires, after jumping 5 pesos after the implementation of new CNV restrictions.
Market sources pointed out iProfessional that the government’s initiative seeks to avoid the use of guarantees to finance the purchase of securities that are later settled in foreign currency, as was observed in the exchange runs in April, and pointed out that, although less pressure is expected on the CCL, ” there will be new more expensive dollars and it will boost the price of the blue”.
In the stock market, the dollar counted with liquidation (CCL) is traded at $459,89; Meanwhile he MEP is offered to $428,84.
In the foreign exchange market, the retail dollar starts the day at an average of $232.09. In the wholesale market, the US coin is offered at an average of $224.65.
As relevant data from Tuesday, the BCRA sold US$133 million, of which US$102 million corresponded to energy import payments for next winter. In this way, it closed with a negative balance for the fourth consecutive round.
The blue dollar reached an intraday record of $497 in April
How much is the blue dollar trading today?
The blue dollar is located at $474 for sale and $469 for purchase.
How financial dollars operate
In the stock market, the dollar counted with settlement (CCL) trades at $459.89; while the MEP is offered at $428.84.
What is the official dollar price
He retail dollar quote today at $232.09 average.
On the wholesale market, the US coin is available for an average of $224.65.
Thus, the dollar with the 30% surcharge -contemplated in the COUNTRY tax-, marks an average of $301.72 per unit, and with the advance on account of the Income Tax of 35% on the purchase of foreign currency, to $382 .95.
Meanwhile, the dollar allocated to tourism abroad -and which has a rate of 45%- stands at $406.16, while for purchases over 300 dollars -and which has an additional tax of 25%-, it is located in $464,18.
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: 104%
- CCL: 98%
- MEP: 84%
