03/18/2021 1:38 PM
Clarín.com
Economy
Updated 03/18/2021 1:38 PM
The blue dollar opened this Thursday at
$ 144
, unchanged from yesterday's levels.
In this way, it is consolidated as the cheapest in the market and
brings the gap with respect to the official dollar to 58%
, levels similar to those it had a year ago.
While the narrowing of the gap, which had touched 150% last October, is good news, analysts warn that underlying problems remain latent.
"
The gap is the only thermometer that is not showing a fever
, but the Argentine macro has plenty of comorbidities and we are beginning to see some risks that can be expressed sooner or later," they indicate from Consultatio.
The persistence of the fiscal deficit and inflation are among the reasons that add tension to the gap, according to Consultatio.
To this is added that "the Central Bank continues to control the gap, but with
a large cost in reserves
and country risk, which can complicate the refinancing of corporate debt and impact the exchange gap."
The wholesale dollar rose 0.1%, to
$ 91.28
, with the retail segment averaging
$ 96.84,
with the dollar saving at
$ 159.5.
Among financial dollars, the one that stings at the top is the cash with liquid, with a rise of 1.4%, which brings it to
$ 151.5.
So far this year it accumulates an increase of 8%.
On the side of the MEP dollar, which is traded on the Buenos Aires stock market, it increased 0.4%, to
$ 145.8
and adds 4% so far in 2021.
Country risk, the JP Morgan indicator that measures the over-cost that Argentina should pay to borrow, rises 0.1% and reaches
1,538 basis points
.
Last week it had climbed to 1600 basis points as a result of the drop in the prices of Argentine bonds.
For Argentine stocks in New York, the day again shows a difficult start, with most ADRs trading lower.
The most marked drop is that of Edenor, with 6%, followed by Mercado Libre, which
lost 4%
.
After the extraordinary numbers that the Argentine unicorn had in the middle of the pandemic, with increases in the share that led it to touch a stock price of
US $ 100,000 million,
this year it loses 11.8%.
In Buenos Aires, the Merval
yields 0.1%
, while most of the papers have declines of between 1 and 2%.
AQ
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