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The blue dollar rises to $ 163 in the last week of the year, a jump of 4 pesos

2020-12-28T15:34:47.774Z


Financial dollars and Argentine stocks rise in New York. The savings dollar reaches $ 147.


12/28/2020 12:25 PM

  • Clarín.com

  • Economy

Updated 12/28/2020 12:25 PM

In the last week of the year the blue dollar rose four pesos, to $ 163, after the jump of seven pesos that it had made last week.

At the same time, financial dollars are moving higher, with gains around 1%.

The blue dollar has accumulated an increase of 117% since the start of 2020. With this price, the gap with respect to the official wholesale dollar, which reached 150% in October, today reaches 94%.

The wholesale dollar rose one

notch

today and is trading at

$ 83.91

, a 0.7% rally.

After the extra-long weekend of Christmas, the Central Bank validated a correction of 55 cents.

This also pushed the retail dollar, which went from $ 88.92 to $ 89.19 in the average of the banks measured by the Central.

Thus,

the saving dollar is located at $ 147

, with the PAIS tax surcharges and the withholding on account of Earnings included.

On the financial dollar side, the week started with rises.

The

MEP dollar

, which allows acquiring foreign currency by trading on the Buenos Aires stock market, increased 1.2%, to $ 142.

On the other hand, the cash with liqui, the operation to extract dollars from the country operating with securities, rises 1.5%, to $ 142.5.

In this way, financial dollars remain

the cheapest on the market

, five pesos below the savings dollar.

These quotes once again encourage the mash, the operation of buying in the legal market to sell in the blue.

At current prices, whoever buys on the MEP and sells on the blue makes a profit of $ 1,200 for every $ 100.

The country risk yields 0.1%, to 1,354 basis points.

The JP Morgan indicator measures the excess rate that Argentina should pay for borrowing in relation to the yield of the United States Treasury bonds.

For local stocks, the end of the year started down.

In Buenos Aires the Merval lost 1%, with falls of 2.2% for YPF.

In New York, on the other hand, Argentine papers are moving upwards, with increases of up to 4% for Corporación América.

AQ

Look also

Blue dollar, the unbeatable bet of 2020: it rose 112% in the year

Dollar today: is there scope for the gap between the blue and the official to continue to decrease in 2021?

Source: clarin

All business articles on 2020-12-28

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