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The blue dollar falls again and touches $ 150: it is already the cheapest in the market

2021-02-04T16:55:11.035Z


The informal fell 16 pesos so far this year. It is already below the financial dollars and the savings dollar.


02/04/2021 13:44

  • Clarín.com

  • Economy

Updated 02/04/2021 13:44

This Thursday the blue dollar again broke the forecasts and became the cheapest in the market.

It is trading at

$ 150

, a drop of three pesos compared to yesterday's close.

Thus, it goes bankrupt for five quiet business days and is below the savings dollar, which today sells for

$ 153.80

in the average of the banks.

The informal one at $ 150 is even

below the MEP dollar

, which is traded on the Buenos Aires stock exchange and which today is trading at

$ 150.3

, after a rise of 0.6%.

The cash with liquid, the operation to get foreign currency from the country, is at

$ 152.70

, with an increase of 0.5%.

Financial dollars are the ones that have risen the most so far this year, with increases of 7.3% and 8.9%, respectively.

The wholesale dollar, which today is at $ 87.91,

rose 4.5% in the year

and the retail

dollar

-which in the average of banks and without surcharges is sold today at $ 93.18, a jump of 24 cents compared to the close of Wednesday - 

increased 3.9%.

Instead, the blue is moving lower.

He lost 16 pesos since 2021 started, which is equivalent to

a 10% drop.

For analysts, the blue is deflated because in the last part of 2020 and after the reinforcement of the stocks, due to the uncertainty, it had an extraordinary increase that took it to touch

$ 195

and then it ran out of fuel.

From there, the demand went down and with it the price.

The Central Bank went out to sell bonds to keep the prices of financial dollars at bay, which also pushed the blue lower.

To this was added that many savers

were dollarized by excess

and at the end of December they had to go out to sell tickets to get the pesos necessary for the end of the year and vacation expenses.

With February already started and with the parity companies still a long way off,

the purchasing power does not finish recovering

what remains for buyers to the blue.

In addition, with all the prices so close together, the informal market loses its attractiveness and the chances of putting together an exchange roller to make a difference disappear, as happened when the ends were open and the blue dollar was the most expensive of all.

AQ

Look also

With the dollar stable, what are the investment options to beat inflation?

The five reasons that make the saving dollar the most expensive on the market

Source: clarin

All business articles on 2021-02-04

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