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The blue closed the week with a slight drop and is trading at almost $380

The blue closed the week with a slight drop and is trading at almost 0

The blue dollar registered a new increase and climbed one peso, to $379, while the Cash with Settlement (CCL) rose 26 cents (-0.07%) to $367.43. Thus, the gap with the wholesaler reaches 95.3%. And the MEP earns 80 cents (+0.2%) and operates at $355.55. The gap with the wholesale dollar was 101.6%. The marginal bill fell $7 on the week and ended an eight-week streak of gains. It should be noted that, in January, the blue rose $35 (+10.1%) and posted its fourth consecutive monthly rise.

The tourist dollar or card –retailer plus 30% of the COUNTRY Tax, and a perception of 45% deductible from Income Tax and Personal Assets for consumption with cards abroad of up to US$ 300 per month– appreciates 40 cents and trades at $341.90.

The CCL dollar, traded with the Global 2030 or GD30, the Cash with Settlement (CCL), rises 60 cents and trades at $367.43. The gap with the wholesaler stands at 95.4%.

The note that is operated in the marginal market broke a mini bearish streak and is close to the Qatar dollar, of which it remains at $11. The new Qatar dollar – which includes 30% COUNTRY tax, 45% deductible from Income Tax and Personal Assets, and a new collection of 25% on account of Personal Assets– climbs 46 cents and trades at $390.74.

This exchange rate applies to consumption abroad with debit and credit cards over US$300 per month.

The blue advanced $35 (+10.1%), so far in 2023 it rose from $33 after closing 2022 at $346. In 2022, the informal dollar advanced $138 (+66.4%) after close 2021 at $208. During 2021, the blue dollar rose 25.3% ($42), half compared to inflation for the period (50.9%).

In 2020 it had shown a sharp jump of 111% (against inflation of 36%). The informal dollar rose $2 in October (+0.7%) after declining in September, registering a drop of $2 (-0.7%). In August it had yielded $6 (-2%).

In the seventh month of the year, the parallel dollar had climbed $58 (+24.4%), which represents its biggest monthly advance so far, it had suspected $31 (+15%) in June, after rising in May $6.50 (3.2%). The parallel dollar rose 50 cents in April, and gave up $11 in March, its worst performance in 14 months. Last February, it fell $6.50 (-3%), after rising $5 or 2.4% in January.

The BCRA ended its intervention in the exchange market this week with sales for US$ 49 million to assist private demand. In this way, the monetary entity records a negative balance of US$ 147 million in the first three operating rounds of February.

The S&P Merval is positioned at 247,058 units, a drop of 0.7% compared to the previous day. In the panel of the Buenos Aires Stock Exchange, the largest withdrawals are for Banco Macro (-3.7%), Ternium (-2.5%), Pampa Energía (-2.3%), Central Puerto (-1.5% ) and Loma Negra (-1.5%).

Argentine shares listed on Wall Street also show numbers in the red. The papers of Central Puerto led the fall, with 5.2%, followed by Loma Negra (-4.7%), Banco Macro (-4.4%) and IRSA (-3.7%).

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