The blue dollar rose $3 on Tuesday and closed its price at $394, on the second day of formal validity of the new soybean dollar.
And this Wednesday it keeps going higher:
it is trading at $397
for sale.
LIVENews in Development
12.04.2023 14:32
2:32 p.m.
Another notch up: the blue is now up to $397
The blue dollar continues to rise this Wednesday.
After starting the day at $394, the US currency is now selling three pesos more expensive in exchange houses.
12.04.2023 13:56
13:56
The Merval rises 1.83% and the shares of Argentine firms on Wall Street advance up to 4.1%
The S&P Merval index rises 1.83% and stands at 264,530.62 units after the half round in the Buenos Aires market, while the shares of Argentine companies on Wall Street advance up to 4.1%.
In the leading local panel, the papers of Cresud and Pampa Energía record increases of 3.10% and 2.88%, respectively.
Meanwhile, the ADRs of Argentine companies on the New York Stock Exchange mark majorities of gains, on a day in which Irsa led that batch with an increase of 4.1%.
12.04.2023 13:06
13:06
The blue dollar rises another peso and reaches $396
The parallel dollar is now trading at $396 for sale, two pesos more than at the beginning of the day.
For the purchase it is located at $ 392.
12.04.2023 12:51
12:51
From the Government they assure that the agricultural dollar will not impact inflation
The head of President Alberto Fernández's Cabinet of Advisors, Antonio Aracre, affirmed this Wednesday that
the "agricultural dollar" will not have an impact on inflation
.
In addition, he questioned those who propose a "devaluation jump."
Read more.
12.04.2023 12:35
12:35 p.m.
The dollar trades at $220.75 at Banco Nación and CCL rises to $399.60
The dollar is trading this noon at $212.75 for purchase and $220.75 for sale at Banco Nación, while in the stock market the dollar with settlement (CCL) rises 0.2% and trades at $ 399.60.
For its part, the MEP or Stock Market dollar advances 0.7% and is trading at $389.63.
Meanwhile, the Argentine country risk fell 0.80% and stood at 2,420 basis points, according to the index prepared by JP Morgan.
12.04.2023 11:58
11:58
The Merval operates with a rise of 1.20% at the opening
The main indicator of the Buenos Aires Stock Exchange, the S&P Merval, operates at today's opening with a rise of 1.20%, at 263,095.63 points.
Meanwhile, the volume traded in shares exceeds $122 million.
12.04.2023 11:24
11:24
The blue dollar starts the day with a small rise
The parallel currency is listed at $395 for sale in exchange houses in the City of Buenos Aires.
It is a peso more expensive than the price with which it closed on Tuesday.
For the purchase it stands at $391.
12.04.2023 11:00
11:00
The country risk is located at 2,440 points
The country risk remains at 2,440 basis points, according to the index prepared by JP Morgan.
12.04.2023 10:17
10:17
The official dollar opens at $220.75 for sale
According to the Banco Nación quote, the official dollar is now selling for $220.75.
For the purchase it is located at $ 212.75.
12.04.2023 09:44
09:44
Juan Manuel Barca
Wink at cryptocurrencies: the CNV authorized the operation of bitcoin futures
After warning about the risks of crypto assets on the financial system after its collapse in 2021, Argentina authorized the use of financial instruments linked to cryptocurrencies for the first time.
These are new bitcoin (BTC) futures contracts to attract investments in pesos and regulated by local legislation.
The National Securities Commission (CNV) authorized the regulation of said futures contracts on the Bitcoin Matba Rofex Index, with negotiation and settlement in Argentine pesos and without delivery of the underlying asset.
The index created in 2021 replicates the average price of Bitcoin in pesos based on data from the twelve main market participants.
"The conformation of said index will be made from information on the price of Bitcoin provided by different price providers, entities that facilitate the operation of the BTC/ARS pair, with deposit of Argentine pesos through bank transfer," explained the CNV in a statement.
Read more.
12.04.2023 08:59
08:59
Paula Lugones
The IMF worsens its forecast for Argentina: the economy will not grow this year and inflation will remain at "very high" levels
The International Monetary Fund lowered Argentina's economic prospects for this year on Tuesday and projected that it will have almost zero growth, just 0.2% in 2023, a period marked by drought, electoral uncertainty and complicated compliance with the program with the organism.
Inflation, they predict, will remain at "very high" levels.
The Fund released the Global Economic Outlook (WEO) report in the framework of the Spring Assembly that it holds together with the World Bank every April in Washington and where ministers attend of Economy and heads of Central Banks of the world.
Read more.
04.12.2023 08:23
08:23
Juan Manuel Barca
The Government modified the term to operate the financial dollar bonds: what changes
Simultaneously with the implementation of the agricultural dollar as part of the measures agreed with the Fund to rebuild the reserves, the Government modified the obstacles to operate with financial dollars and as of this Tuesday some of the operations with bonds for that purpose will be carried out with a new minimum period of permanence in the portfolio.
The National Securities Commission (CNV) decided to extend the "parking" for the purchase of cash with settlement (CCL) to 3 days in the case of securities issued under foreign law and reduced it to 1 for instruments under Argentine law.
Thus, it will be necessary to wait longer to settle operations with Globales (GD) and a shorter term with Bonares (AL).
Read more.
12.04.2023 07:39
07:39
The agricultural dollar was regulated but the soybean market is stopped: producers ask for a better price
The soybean market remains paralyzed despite the decree published this Tuesday in the Official Gazette that regulated the soybean dollar.
"It's ironed," sources in the sector told Clarín.
This Tuesday, the Government published in the Official Gazette resolution 115/2023 that regulates the third Export Increase Program (PIE), established by decree 194/2023.
There it was clarified due to the uncertainty of the producers that the soybean dollar will not apply to the sales of fertilizers, seeds and other inputs with low exchange carried out prior to the entry into force of the decree.
And those subjects who are not adhered to the program are not reached either, be it for operations such as payment of field rents, purchase of pellets or flour for animal consumption, processing for balanced food, or any other type of operation.
Read more.
12.04.2023 07:22
07:22
The blue dollar closed Tuesday at $394
The US currency in the informal market rose three pesos this Tuesday and
ended at $394.
The foreign currency on the boards of Banco Nación rose 50 cents in its price for sale.
look also
The Government modified the term to operate the financial dollar bonds: what changes
The Central Bank managed to break a streak of 23 rounds of sales and closed the day with US$ 2 million in favor