After a slight breather that was taken at the beginning of the week, the
blue dollar
shot up again this Tuesday: it rose $4 so far this day.
It is listed at $371 for the purchase and $375 for the sale in the City of Buenos Aires.
Meanwhile, the official is sold at $196.25 on the Banco Nación blackboard.
Clarín
coverage
, minute by minute.
LIVENews in Development
02.07.2023 16:49
4:49 p.m.
Ana Clara Pedotti
Suspicions in the City for the CNV investigation into the debt repurchase
The CNV is advancing with the investigation into whether there were local market players who had access to privileged information about this debt buyback program.
And in the City suspicions are growing regarding the real reasons behind this measure.
"The problem is that, as they buy against dollars and then they or other organizations sell against pesos to iron financial dollars, the stock of bonds in the market does not change. And if the stock of bonds does not change, the parities will depend on the demand for extra factors and not because of the repurchase operation", explained
a market operator in
off .
"At the end of the day you would have fewer reserves and fewer pesos in the market, due to the sale of bonds against pesos. There, the lower supply of pesos could help lower financial dollars, but since they also have to buy bonds in pesos to support prices, there continues to be a surplus supply of pesos that puts pressure on both the CCL and the MEP," added the same source.
read more here
07.02.2023 16:28
16:28
After the midday rise, the blue remains at $377
After the rise, the blue remains at $377 on February 7.
The blue dollar quotes $373 for purchase and $377 for sale in the City of Buenos Aires.
It has jumped $4 so far this day, after closing Monday's session at $373.
07.02.2023 16:20
4:20 p.m.
The IMF mission continues in the country for the "review" of goals
A mission of the International Monetary Fund (IMF) is in Argentina for the "review" of the fulfillment of the goals by December 2022 of the program signed with the multilateral organization and the "state of the macroeconomy", confirmed
sources to
EFE
on Tuesday. Ministry of Economy.
The fourth revision of the goals of the Extended Facilities Agreement (EFF) will enable a new disbursement of 5,400 million dollars for Argentina by the agency.
The Secretary of Economic Programming, Gabriel Rubinstein, and the Chief of Advisors of the Ministry of Economy, Leonardo Madcur, are the Argentine officials who have led the meetings with the IMF representatives since last Sunday.
The IMF delegation is expected to remain in Argentina until next Monday.
02.07.2023 16:08
16:08
Dólar Tango: traditional milongas come together to receive tourists with the resolution of the BCRA
Tourists will be able to pay with a card in the MEP dollar.
Photo: Emmanuel Fernandez
The tango houses La Ventana, MichelAngelo, Gala Tango and El Aljibe joined the provision of the Central Bank called "Dollar for foreign tourists" and managed to lower their rates by 20%.
Thus, if tourists pay with a debit or credit card, they have access to a dollar similar to the MEP, almost 90% higher than the official dollar.
"Until now, the cards declared operations for an estimated amount of US$30 million per month, while with this new operation the billing could climb to US$250 million," said Ricardo Sosa, Executive Secretary of the National Institute for Tourism Promotion (Inprotur). , according to the agency
Télam
.
07.02.2023 15:55
15:55
The MerVal continues to rise
The Merval index rose 1.62% and was located at 247,524.64 units after the half round in the Buenos Aires market, while the shares of Argentine companies on Wall Street operated with ups and downs.
The shares of Transportadora de Gas del Norte and Grupo Supervielle recorded increases of 4.28% and 3.47%, in that order, in the leading panel of the Buenos Aires stock market.
The American Depositary Receipt (ADR) of Argentine companies on the New York Stock Exchange operated unevenly, with increases of 3.1% in the case of Banco Supervielle and decreases of up to 2% in the paper of Mercadolibre.
07.02.2023 15:18
15:18
The Central Bank sold US$49 million
The monetary authority once again registered a negative balance.
So far in February, it has accumulated sales of US$241 million.
07.02.2023 14:46
2:46 p.m.
ADRs operate differently
Half of the panel of Argentine shares on Wall Street register gains, led by Banco Supervielle (3.5%), followed by Central Puerto (1.8%).
Among the casualties, Mercadolibre fell 2.6% and Corporación América 1.7%.
07.02.2023 14:39
2:39 p.m.
Dollar bonds operate with a mixed trend
Among the debt titles that register increases, the GD46 leads, which rises 5.3%.
Among the falls, the AL35 and AL29 stand out, falling 1.2%.
Country risk, for its part, rose 2.6% to 1,961 points.
07.02.2023 14:30
2:30 p.m.
The blue rose again and is trading at $377
The blue dollar quotes $373 for purchase and $377 for sale in the City of Buenos Aires.
It has jumped $4 so far this day, after closing yesterday's session at $373.
02.07.2023 14:09
2:09 p.m.
Ana Clara Pedotti
The bonds in dollars continue to fall and in the Economy they say that they will accelerate the repurchase
Dollarized debt falls almost 11% since the beginning of the month.
The bond that the Government bought the most is the one that loses the most.
They anticipated that today they will repurchase 20% of the announced amount.
I kept reading
07.02.2023 13:11
13:11
The official dollar is trading at $196.25 and the CCL rises to $368.51
The dollar was trading this midday at $188.25 for purchase and $196.25 for sale at Banco Nación, while in the stock market the dollar with settlement (CCL) rose 0.8% and traded at $368.51.
For its part, the MEP or Stock Market dollar rose 0.9% and was trading at $357.16.
Meanwhile, the Argentine country risk was located at 1,916 basis points.
07.02.2023 12:34
12:34 p.m.
Silvia Naishtat
Surprise in the midst of a shortage of dollars: they import fruit to contain prices
The imported offer appeared in the Central Market.
Volumes unknown.
Fruit and vegetables have free prices and have escalated by altering the price index.
Will it have an effect?
I kept reading
07.02.2023 12:11
12:11
The Buenos Aires Stock Exchange operates with a rise of 1.32% at the opening
The Buenos Aires Stock Exchange operated at the opening of today with a rise of 1.32% in its main indicator, the S&P Merval, which stood at 246,843.69 points.
Meanwhile, the volume traded in shares exceeded 144 million pesos.
02.07.2023 11:33
11:33
Blue jumps $2 and trades at $375
After accentuating a downward trend at the beginning of the week, the blue dollar rose $2 this Tuesday and is trading at $371 for purchase and $375 for sale in the City of Buenos Aires.
02.07.2023 11:05
11:05
Ismael Bermudez
The dollars of the surplus were consumed in tourism, freight and interest payments
The trade balance showed a positive balance of US$ 21,817 million, of which US$ 17,587 million went to foreign travel, debt and logistics.
I kept reading
07.02.2023 10:18
10:18
The official dollar is trading at $196.25 and the country risk remains at 1,912 points
The retail dollar opened today at $188.25 for purchase and $196.25 for sale on the Banco Nación blackboard, 25 cents above yesterday's closing values.
For its part, the Argentine country risk remained at 1,912 basis points, according to the index prepared by JP Morgan.
07.02.2023 09:24
09:24
The doubts of the market are placed on the level of reserves
In the financial segment, the renewed tranquility was also extended.
The MEP dollar fell 1% and ended yesterday at $353.94 and the cash with settlement advanced 0.7% and closed on Monday at $365.65.
The doubts of the market are placed on the level of reserves: "February points to a loss close to US$ 1,000 million if the trend continues, which complicates the achievement of the goal of net reserves at the end of March," they said in Delphos.
02.07.2023 08:46
08:46
The blue had its biggest drop in one day since the beginning of the year
On the street, the blue dollar deflated yesterday, down $4 and ending the day at $373, its biggest one-day drop since the start of the year.
After the jump that took place in January, since the beginning of the month, the price of informal fell $8.
Thus, the gap with the wholesale dollar managed to pierce 100%.
07.02.2023 07:49
07:49
The blue fell but the Central continued to sell reserves: it has already lost US$192 million this month
The exchange market began the week calmly in the financial and informal segments, but the Central Bank once again accelerated its daily rate of devaluation and had to part with another US$42 million of its reserves.
Thus, in the first four rounds of February, it has already sold US$ 192 million, more than everything it had sold in the wholesale segment in January.
I kept reading.
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