Annabella quiroga
07/29/2021 1:54 PM
Clarín.com
Economy
Updated 07/29/2021 1:54 PM
After falling five pesos in three days, the blue dollar seems to have taken a breather.
Today it
opened at $ 180
, the same level that it touched yesterday after having fallen three pesos in a single day.
Yesterday's setback took the gap against the official dollar to
87.5%
and thus moves it away from the 90% ceiling that it had exceeded last week, when the informal one was sold at $ 185.
The change in trend of blue has several reasons.
From the market they indicate that yesterday the "friendly hands" appeared, operators close to the Government who came out to sell at a good price to push the price down.
From the official dispatches they argue that this did not happen.
And they turn to the version that the rise to $ 185 had been exaggerated and that now, from a series of
"good news
" to the ears of the financial sector, the blue dollar fell.
Along these lines, they note the approval of Vice President Cristina Kirchner to use part of the funds from the Special Drawing Rights (SDR), the currency of the IMF, to pay the agency.
Cristina Kirchner confirmed that they will pay the IMF.
Until a week ago there was no definition about what would happen with the US $ 3.45 billion that Argentina has.
A part of the government was pushing to use them to expand social assistance for the elections.
But over the weekend Cristina Kirchner gave the green light to use part of this disbursement to pay the IMF itself a maturity of
US $ 1.88 billion
that the country must cover in September.
In this way, the certainty that the Government will
not tighten the rope
with the Monetary Fund until it reaches default would have contributed to deflate the blue.
Financial dollars
The cash with liqui (CCL) and the MEP dollar, the dollars that can be accessed legally from the financial market,
continue to hover around $ 170.
Cash with liquid, which is used to withdraw foreign currency from the country, rises 1.3% to
$ 170.8
.
While the MEP, which is acquired in the Buenos Aires stock market, increases 0.8%, to
$ 169.2.
These quotes correspond to the segment in which the AL30 bond is operated and in which the Central Bank intervenes to
prevent them from being installed above $ 170.
First operations registered in the wholesale segment of the dollar at $ 96.67 per unit, five cents above yesterday's close
- Gustavo P Quintana (@guspaqui) July 29, 2021
In the free segment or SENEBI, in which investors agree on prices among themselves,
the CCL is close to $ 180
and is within reach of the current price of the blue.
In the official segment, the wholesale dollar increases five cents and reaches
$ 96.67.
The retailer averages
$ 101.98
and takes the savings dollar, with taxes and surcharges, to
$ 168.
Shares go up
Positive data from the US economy pushed the markets higher.
Around noon, the Dow Jones index increased
0.6%.
On Wall Street the upward trend was widespread:
77% of companies in the S&P 500 were up
.
Those that grew the most were technology companies, as well as retailers and manufacturers of consumer products.
The positive reaction of the markets is due to the fact that the Department of Commerce reported that the US economy grew at
an annualized rate of 6.5%
last quarter.
In addition, the Department of Labor detailed that the number of people who applied for public assistance for unemployment in the United States decreased last week.
This infected Argentine companies listed in New York, most of which are trading higher, with increases
of up to 3.2%
in the case of Ternium.
In Buenos Aires, the Merval
rebounded 1%
.
The country risk remains stable at
1600 basis points
.
AQ
Look also
With the blue dollar at $ 183, do the dollars last until the election?
Martín Guzmán, more complicated: he failed to cover this week's maturities
