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Dollar today: the blue rises to $ 138 and the solidarity exceeds $ 101

2020-08-27T17:10:19.703Z


On the contrary, the cash with liqui goes down with the help of official interventions, as they assure in the City.


Laura Garcia

08/27/2020 - 13:53

  • Clarín.com
  • Economy

At the start of the wheel on Thursday, financial dollars, such as the stock market and cash with liquid, opened lower again , after having deflated throughout this week. But the blue dollar advances one peso, to $ 138.

On Wednesday, the official retail dollar had closed at $ 77.95 in the Central Bank average. Now it is at $ 78.12 on the average and in some banks it reaches $ 78.50, with which the solidarity dollar is close to $ 101.50.

While blue and solidarity rise, cash with settlement, which had started the week at a level of $ 135, this Thursday is trading at $ 126.6, with a decline of 1.40%. It is a cumulative fall so far this week of 6.2%.

Influenced by the local swap, which goes through its first early accession phase this week (but runs until September 15), they were left without demand.

This is because some of the titles with domestic legislation were the preferred vehicles to dollarize in the market (such as the Bonar 2024).

On the other hand, the operators of the City speak of sales of bonds by the ANSeS that would help to deepen this trend and reduce the exchange rate gap, which had threatened to return to its maximums.

It is the mechanism that allows access to dollars through the purchase and sale of securities on the Stock Market and turn those currencies abroad. The gap with the wholesale dollar had touched its all-time high of 85% last Friday. 

On the other hand, the MEP dollar - a mechanism identical to that of cash with liquidity but without crediting in an external account - fell 1.70% to $ 123, after starting the week at $ 130.33, which implies a fall of 5.6%.

Even so, the difference in "speeds" between alternative prices and the official dollar continues to be an indication for many analysts that it is time to let the currency slide faster in the market controlled by the Central Bank. Otherwise, they point out, controls will have to be strengthened, a scenario that the BCRA head ruled out a few days ago. 

While financial dollars rose in the year around 72% , the wholesale dollar, which today is trading at almost $ 74, is up 23%.

NE

Source: clarin

All business articles on 2020-08-27

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