07/26/2021 12:07
Clarín.com
Economy
Updated 07/26/2021 12:07
After having reached its highest value so far this year last week,
the blue dollar started this Monday unchanged at $ 185
.
And despite official controls in the financial market, both the
cash with settlement and the MEP dollar rise to just over $ 170 and 168.48,
respectively.
With these values,
the blue is nominally close to its ceiling of $ 195
, reached last October amid strong turmoil.
The truth is that if the impact of inflation on the banknote is discounted, the US currency is still far from that value in real terms: it
should trade at $ 270 to reach the maximum level of last year.
In any case, both the market and the Government monitor the rise, both because of the speed it took so far in July and because of the
"psychological impact" of the increase in blue
on all prices in the economy.
And while the Alberto Fernández administration downplays the gap,
analysts warn that if its escalation deepens, it could further complicate the official plan.
The blue comes from scoring three consecutive monthly
increases
: it
increased $ 9 (6.4%) in April, $ 7 (4.7%) in May, and $ 11 (7%) in June.
On the other hand, in the first quarter of the year, it had recorded monthly losses in January, February and March, reaching a low of $ 139 in early April.
So far this year, the price shows a rise of $ 19.
In the official segment, the wholesale dollar, accessed by the big players, operates this Monday at $ 96.53 per unit, eleven cents above last Friday's close.
Despite
the exchange noise, the BCRA took the opportunity to buy US $ 1,050 million so far this month
.
"The road to the elections is long and the tensions in the exchange market are not expected to be less.
The greater demand for coverage coincides with months full of maturities in pesos and a lower seasonality of agriculture. of the BCRA are growing, they do so at a slower rate than what we observed a month ago, "warned PPI analysts.
YN
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