Laura Garcia
10/01/2020 - 6:00
Clarín.com
Economy
We Argentines know about stocks.
From the Christian variants we went on to the
macro dismantling
and its late version of US $ 10,000, today a fortune.
But Alberto's stocks, even with its minimum quota of US $ 200, could not bear the pressure and asked for an adjustment:
the super stocks
.
It is that in the eight months that it lasted, the amount that the savings dollar bought multiplied by six.
It was a total of US $ 3,000 million.
Ticket purchases totaled
US $ 92 million back in January
, about US $ 370 million less than in December pre-stocks, while the number of buyers decreased by about 2,000,000 to add 600,000.
From those 600,000 who acquired foreign currency to hoard as soon as the measure was announced, the saving dollar recruited 4 million followers along the way for August.
They bought $ 768 million,
about eight times more than in January
.
There were times when the possibility of acquiring foreign currency as a form of savings
was forbidden
.
It was a decision made in June 2012, which was finally reversed in late January 2014 when the savings dollar was reapplied.
The then Minister of the Economy, Axel Kicillof, announced a perception of 20% for individuals who seek to buy dollars for hoarding, as Profits and Personal Assets.
A scheme that now returns
, by adding to the 30% tax, a 35% surcharge on account of those taxes.
But as
Fernando Marull, from FMyA
,
remarks
, not only the people looking to buy dollars were shot.
Retail
sales were practically eradicated
.
In January, 230,000 people sold dollars in the market against 95,000 in August.
In terms of amounts, it went from US $ 60 million to US $ 18 million.
"
A year ago 700,000 people sold
their dollars. That is very important. Basically, all those people went to sell to the parallel market," he highlights.
It was, in fact,
the financial maneuver that marked the pandemic.
The so-called mash, which allowed many to make a difference in tight moments by buying savings dollar and selling it on the blue.
It's that with the restrictions, the gap only got bigger.
Juan Paolicchi, an analyst at Eco Go
, assures that "with the measures that were taken to reduce the universe of those who buy passes, probably from 4 million to 1 million".
"Before continuing to close the stocks," he points out, "what should be seen is how to make dollars come in. Lowering withholdings is a first step. But if the decline is not sustained, the entry can last two or three months and does not ensure that the gap is narrowing. It is necessary to give certainty so that the gap falls.
With the gap falling and dollars entering
, the economy will suffer less fluctuations linked to the exchange rate. "
The retraction of the genuine supply of foreign exchange in the face of a gap that continues to expand has made the savings dollar - the retailer's ant purchases - a
threat to reserves
.
Paradoxical as it sounds.
Look also
With the super stocks, in September the blue dollar rose $ 14 and the exchange gap climbed to 95%
Irsa and Tecpetrol restructure their debts in dollars
