The Limited Times

Now you can see non-English news...

The blue dollar opened at $ 183 and the pressure on financial dollars continues

2020-10-22T14:46:03.454Z


The cash with liqui is trading at 181.4, six pesos above Wednesday's close. The country risk rises 0.8%.


10/22/2020 11:26 AM

  • Clarín.com

  • Economy

Updated 10/22/2020 11:26 AM

This Thursday, the blue dollar opened at $ 183. On Wednesday it had reached that level after an escalation of three pesos.

But the informal market came to a standstill at noon amid raids on the caves in the downtown area.

So today expectations are set to see if the blue will settle at this value or resume the rise.

With the blue at $ 183

, the exchange gap with respect to the official dollar is at 135%

and is heading to double the 77% that it showed until September 15, the day the exchange rate tightened.

At the same time, financial dollars started up once again, as they have been happening throughout the week.

The

counted with liqui

 (CCL) -the operation that allows foreign currency to be carried

abroad-

continues to be immune to the measures that the Ministry of Economy took to oil operations and remove the restrictions that the Central Bank had imposed in mid-September with the super stocks.

This Thursday the CCL

rises 3.8%, to $ 181.40.

In this way, it exceeds the peak that it had touched yesterday - $ 181- before the official bodies came out to sell bonds to force it to fall and close at $ 174.

The same trend is maintained by the MEP dollar -which allows acquiring foreign currency through the stock market-.

It increases 3.7%, to $ 168.6.

In the official segment,

the wholesaler opened at $ 78.04

, a jump of 30 cents from one day to the next.

The retailer averages $ 83.35, bringing the savings dollar to $ 137.10.

For its part, country risk, the JP Morgan indicator that measures the surcharge that Argentina pays for borrowing continues to rise.

On this day it increased 0.8% and already reached

1,463 basis points

.

This reflects the course of Argentine bonds, particularly those that were issued after the debt swap, which

fell 2% on average.

AQ

Look also

Martín Guzmán assured that "there are sufficient instruments to deal with" the exchange rate situation

The rise in alternative dollars further strained the relationship between Martín Guzmán and Miguel Pesce

Source: clarin

All business articles on 2020-10-22

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.