The blue dollar continued its climb at the end of the week / web
Unstoppable, the blue dollar closed the week in full swing, with a strong increase in its price compared to Thursday’s session. After another day marked by uncertainty, it rose eight pesos and reached 369 pesos, on average, in the city of Buenos Aires, since in some places it was sold at 370 pesos. In our city, meanwhile, on a day with few operations, the informal sold for 372 pesos.
In this way, so far in January, the blue had an increase of 23 pesos, or 6.6 percent, to beat inflation for the third consecutive month.
The gap with the wholesaler
Meanwhile, with a wholesale dollar that gained 30 cents to $181.27, the exchange gap reached 103.6 percent. During the week, it showed an accumulated increase of $2.02 (+1.12%).
The new jump registered by the informal dollar responds, according to what was indicated by operators, to the increase in the demand of savers for tourism, but also as a hedge, in a context of excess liquidity in pesos that accentuates this trend.
In turn, the offer is limited after the Central Bank enabled the MEP exchange rate for foreign tourists to settle.
other quotes
Regarding the currency market in general, the retail dollar closed at $188.53 average, with an increase of 36 cents compared to the last record of the wheel on Thursday. In this way, it marked a weekly advance of %1.92 (+1.02%).
In the stock segment, the cash dollar with settlement (CCL) advanced 1.6% to $348.94 and the MEP rose 0.6% to $344.35, in the final stretch of the day.
Likewise, the dollar with the 30% surcharge – contemplated in the Country tax – averaged $245.09 per unit; and with the 35% advance payment of the Income Tax on the purchase of foreign currency, the average value was $311.07.
The dollar destined for tourism abroad -and which has a rate of 45%- was located at $329.93, while for purchases over US$ 300 -which has an additional tax of 25%-, it was positioned at $377. .06.
The volume traded in the spot segment was US$257 million, in the futures sector of the Mercado Abierto Electrónico (MAE) operations were registered for US$98 million and in the Rofex futures market US$665 million.
The central bought 200 million dollars
For its part, the Central Bank ended the day with purchases for 200 million dollars, the most important amount of the year, while during the week it acquired 219 million dollars.
Last week, the Central added US$ 61 million and, with yesterday’s result, reached eighteen consecutive days without sales in the segment where banks and large companies operate. In this way, it records a positive balance so far in January of US$ 280 million.
“The income from loans for infrastructure investments explains the amount of official purchases,” explained Gustavo Quintana, an analyst at PR Corredores de Cambio.
