The blue dollar continues to climb and this week it rose $10, thus closing at $382 for purchase and $386 for sale in the exchange houses of the City of Buenos Aires. Since the beginning of this year, the parallel currency accumulates increases of 40 pesos. The gap with respect to the wholesale exchange rate is 108%.

The gap between the blue dollar and the wholesaler is 108%.

In 2022, the blue dollar closed with lower increases than the inflation measured by INDEC: it increased 138 pesos, which gives 64.5%, while the price variation in 2022 was 94.8%.

Meanwhile, financial dollars closed with slight increases. The MEP, which is valued with the Global 2030 bonds, closed at $357.37. For its part, the dollar Cash with Settlement (CCL), also operated with the Global 2030, closed at $372.47.

On this day, the Central Bank of the Argentine Republic (BCRA) once again sold reserves for USD 26 million. “With today’s result, the negative balance for the month now stands at USD76 million. The scant contribution of the agro-export complex this week and this month largely justifies the BCRA’s sales in the market,” said Gustavo Quintana, an analyst at PR Corredores de Cambio.

The BCRA accumulates a drop in reserves of USD 76 million in January.

The official dollar, for its part, ended the day unchanged and is available on the screens of Banco Nación (BNA) at $184.25 for purchase and $192.25 for sale. The tourist exchange rate, which is the price that the Argentine citizen pays for his purchases abroad and exceeds the three hundred dollars allowed at a cheaper price, closed at $384.50. Meanwhile, the wholesaler closed at $185.61 for sale.

California18

Welcome to California18, your number one source for Breaking News from the World. We’re dedicated to giving you the very best of News.

Leave a Reply