The
blue dollar
closed its price at $383 this Wednesday, two pesos more than the last day, in which it had jumped five pesos.
LIVENews in Development
25.01.2023 17:37
17:37
The ADRs reaped increases of more than 7%
Argentine shares on Wall Street had a very good wheel.
Edenor rose 7.8%, followed by Banco Supervielle (7.7%) and Irsa (7.1%).
The only shares that fell were those of Globant (-4.4%).
25.01.2023 17:28
17:28
Dollar bonds traded unevenly
Among the debt titles that rose, it led the AL30 (1.35%).
Meanwhile, among the casualties, those that fell the most were AL41 (-1.6%) and AE38 (-1.4%).
Meanwhile, the country's dollar rose just 0.4% to 1,832 points.
25.01.2023 17:16
17:16
The CCL dollar jumped six pesos
The instrument used to transfer foreign currency abroad closed at $366.37.
Meanwhile, the MEP dollar, which is obtained by buying and selling bonds, fell two pesos to end at $351.98.
25.01.2023 17:01
17:01
The blue dollar closed at $383
The US currency that is traded in the parallel market rose two pesos this Wednesday and remains at record prices.
25.01.2023 16:09
16:09
Argentine shares in New York rise more than 6%
The ADRs trade with the majority of increases led by Irsa (6.3%), followed by the papers of Banco Supervielle (6%) and Telecom Argentina (5.5%).
25.01.2023 15:30
3:30 p.m.
The Central Bank had to sell US$56 million
The monetary authority once again got rid of foreign currency to meet the demand.
According to market sources, the accumulated figure for January stands at US$27 million of net purchases.
25.01.2023 15:25
15:25
The official dollar closed at $191.50
The currency of the United States on the blackboards of Banco Nación quoted without changes this Wednesday for sale.
25.01.2023 15:19
15:19
Sergio Massa received Joe Biden's special advisor for the Americas
The Minister of Economy, Sergio Massa, received President Joe Biden's Special Advisor for the Americas, Christopher Dodd, at the Palacio de Hacienda.
During the work meeting, they discussed the implementation of joint policies to promote inclusive economic development, coordinated actions to address priority issues for the region such as food security, as well as the main results achieved during the Buenos Aires Summit of Presidents of CELAC.
Sergio Massa received President Joe Biden's Special Advisor for the Americas, Christopher Dodd.
Photo Ministry of Economy.
25.01.2023 14:54
2:54 p.m.
The blue dollar is trading at $383
The foreign currency in the parallel market rises two pesos for sale so far this day.
25.01.2023 14:26
2:26 p.m.
Dollar bonds are trading lower
Debt securities have a red day led by the drop in the AE38 (-1.1%) followed by the AL41 (-0.6%).
Meanwhile, the country risk rises 0.7% to 1,838 points.
25.01.2023 14:05
2:05 p.m.
The blue dollar rises a peso
The parallel market currency rises 1 peso and is sold at $382, while for purchase it is traded at $378.
25.01.2023 14:01
2:01 p.m.
The Buenos Aires stock market operates with a rise of 1.4% at half a wheel
The stock market rises 1.4% at half a wheel,
settling at 252,992.73, after a start in the red
following in the footsteps of the international markets.
The bond market, for its part, is negative, with falls of up to 1.7% for titles.
Despite the red of the previous day, the Merval registered a 23% gain in January, after marking a nominal all-time high of 267,244 units last week.
Argentine shares listed in New York rise to almost 5%, hand in hand with the papers of banks and companies such as IRSA.
25.01.2023 13:20
1:20 p.m.
Upload cash with settlement (CCL)
In the stock market, the dollar counted with settlement (CCL) rose 1% and was trading at $363.52.
For its part, the MEP or Stock Market dollar rose 0.3% and traded at $354.94.
Meanwhile, the Argentine country risk fell 0.5% to settle at 1,816 basis points, according to the index prepared by JP Morgan.
25.01.2023 12:39
12:39 p.m.
The blue and the official operate without changes
The North American currency in the parallel market and the official one operate this Wednesday without changes.
The blue one sells for $381, while the official one sells for $191.50.
25.01.2023 11:58
11:58
Juan Manuel Barca
For businessmen from Argentina and Brazil, the common currency for trade is the dollar
The commercial relaunch between Argentina and Brazil generated expectations in the private sector.
The businessmen of both countries believe that the signed agreements are an important advance in this path, but they also see limitations due to the differences between the economies and the lack of foreign currency in Argentina, in addition to the policy changes.
All these factors warn that make a common currency difficult.
ADVERTISING “Due to Argentina's low reserves, any bilateral trade agreement in a currency other than the dollar will generate a benefit.
The truth is that the hard currency for international trade is the dollar, the common currency is already there.
Now, due to macroeconomic disorders, Argentina has a shortage of dollars, so looking for a bilateral trade tool is auspicious,” said Everton Guimaraes Negresiolo, CEO of ArcelorMittal Acindar and president of the Argentine-Brazilian Chamber of Commerce, Industry and Services (Cambras).
Read more.
25.01.2023 11:10
11:10
The blue dollar opened stable
The international currency of the parallel market opened this Wednesday without changes compared to the last day at $381 pesos for sale and $377 for purchase.
25.01.2023 10:38
10:38
Investments in dollars: IRSA launches an ON for small savers
Although the dollars in the bank or under the mattress protect Argentines from the loss of value of the peso, in the context of the inflation that the United States is experiencing (6.5% in 2022) they are losing purchasing power.
The question of many small savers, most of them with a conservative profile and not very fond of financial risk, is what to do with those bills so that they give some return.
In the crosshairs of this group, banks and fintech have come out in recent days to offer their clients a new ON (Negotiable Obligation or bond) from IRSA, the real estate company of the Elsztain family, which is listed on the Stock Exchange.
You can enter with a minimum disbursement of US$ 100 (you have to put dollars or buy MEP dollars) and the deadline to participate is Thursday at 2:00 p.m.
Technically, IRSA will issue an initial bond of US$15 million (it can be extended up to US$90 million) that will mature on March 25, 2025. Interest will be paid every six months.
The capital will be returned when the debt matures, which will be on March 25, 2025 (26 months).
Read more.
25.01.2023 09:58
09:58
The official dollar opened unchanged
The North American currency opened this Wednesday without changes compared to Tuesday at $191.50 for sale and $183.50 pesos for purchase, according to the Banco Nación blackboards.
25.01.2023 09:15
09:15
Annabella Quiroga
Massa Plan: the Government has already allocated US$ 315 million to repurchase debt and the country risk has not gone down
Minister Sergio Massa's plan to allocate US$ 1,000 million to buy back debt and thus lower the country's risk is not working for now.
In the four business days that have elapsed since the measure was announced, a third of these funds have already been used to purchase bonds in dollars and the country risk remains at the same level as at the start of the plan.
This Monday, the exchange market had almost no movements.
The blue dollar, which had started the round with a drop of one peso, finally closed at $376, the same price as last Friday.
On the side of financial dollars, the MEP remained at $352, while cash with liquidity, the way companies use to become dollarized, rose 0.6%, to $363. With this price, the CCL set a new nominal record .
25.01.2023 08:40
08:40
Juan Manuel Barca
Purchase of bonds: the CNV is already investigating movements in 10 brokerage firms
The investigation into the purchase of bonds by the government will yield a first result this Thursday.
That day, the National Securities Commission (CNV) plans to make an initial evaluation with the data it requested from more than 10 brokerage firms to find out if there were irregularities in the operation launched last week by the Ministry of Economy to stop the bullfight. against the dollar, which continues to put pressure on reserves.
PUBLICITY According to market sources, the agency in charge of controlling financial operations with shares and bonds is putting a magnifying glass on what happened last week, particularly in the days prior to Sergio Massa's announcement.
Suspicions fall on the strong increase in the traded volume of global bonds in dollars, used to trade with financial dollars (CCL and MEP) and which are part of the Central Bank's repurchase offer.
Read more.
25.01.2023 08:05
08:05
For businessmen from Argentina and Brazil, the common currency for trade is the dollar
The commercial relaunch between Argentina and Brazil generated expectations in the private sector.
The businessmen of both countries believe that the signed agreements are an important advance in this path, but they also see limitations due to the differences between the economies and the lack of foreign currency in Argentina, in addition to the policy changes.
All these factors warn that make a common currency difficult.
“Due to Argentina's low reserves, any agreement in bilateral trade in a currency other than the dollar will generate a benefit.
The truth is that the hard currency for international trade is the dollar, the common currency is already there.
Now, due to macroeconomic disorders, Argentina has a shortage of dollars, so looking for a bilateral trade tool is auspicious,” said Everton Guimaraes Negresiolo, CEO of ArcelorMittal Acindar and president of the Argentine-Brazilian Chamber of Commerce, Industry and Services (Cambras).
Read more.
25.01.2023 07:47
07:47
The blue dollar jumped to $381 this Tuesday and puts pressure on inflation in January and February
With a jump of five pesos in the day,
the blue dollar reached $381
, the highest nominal value reached so far.
With an exchange rate gap of 107%, the informal sector puts pressure on inflation in January and February, which is around 6%.
In the three weeks that elapsed in January, the blue dollar has already risen 10%: with this, it takes the lead in the escalation of the dollars that are deployed in the Argentine market.
While the official one, which reaches $184.5 in the wholesale segment, advances at a rate of 4.35%, the MEP climbed 7.9% and cash with liquidity, 4.6%.
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