Annabella quiroga
06/17/2021 2:22 PM
Clarín.com
Economy
Updated 06/17/2021 2:22 PM
So far in June, the price of the blue dollar has risen 3.8%.
With this profit it
reaches $ 163
and comfortably exceeds the returns of other types of financial investments.
The rearrangement of the blue in recent days did not surprise the market.
"He had been calm
for
too many weeks
, so it was expected that sometime in June he would start to wake up," said an operator.
For more than a month and a half the blue traded below $ 160, until it began to climb this week.
At the current level, it is
the same as the one it had in mid-January.
Only in this month the informal dollar recovered seven pesos, which leaves it three pesos below the level it had at the beginning of the year, when it was trading at
$ 166
in the caves of the microcenter.
The explanation of why the blue woke up now is linked to the fact that June is a month in which the amount of pesos increases by turning.
The prospect that in the coming weeks the bonus will begin to reach the accounts of the workers in a dependency relationship suggests that
the demand for dollars will rise
and that pushes the price.
To this is added that the salaries of $ 150,000 will stop paying Earnings from this month, which
will release another batch of pesos
that in July could put pressure on the blue, along with the first installment of the refund for what was contributed with this tribute in the first part of the year.
Another element that will increase the demand on the ticket is that
the effects of the first installment of the joint 2021 are
already beginning to be felt,
which in recent weeks have been climbing from the 30% intended by Minister Martín Guzmán to more than 40%, with the agreements in which the public sector takes the lead.
Even with the rebound these days, the blue dollar is three pesos below the savings dollar, so it continues to be
the most accessible option
for most people trying to save.
The MEP dollar is still the cheapest
Those who can turn to the financial market find an alternative that is still cheaper: the MEP dollar.
This variant, which is accessed through the Buenos Aires stock market, is trading this Thursday at
$ 160.9
, an increase of 1.1%.
Cash with liquid, which allows foreign currency to be withdrawn from the country, rises 1.6% and reaches
$ 166.7
, which makes it the most expensive in the market.
The rise of the blue also begins to be seen as precautionary before what is predicted that it will happen in July.
That month
the rain of dollars
that the field has been pouring through the liquidation of foreign exchange
will be cut
, because the cycle of the heavy harvest will have already closed.
Furthermore, unlike what happened up to two months ago,
the "friendly hands"
that came out to sell lots of tickets so that the increase in supply could control the price
seem to have disappeared from the market
.
Inflation January-May + 21.5%
Dollar today
Wholesaler + 13.26%
Nation + 12.35%
BLUE 0.00%
MEP + 13.72%
CCL + 15.03%
The question is not why the dollar rises today but why it did not rise before
Surely
because
at $ 190 we had passed thread and 90% were dollarized between 2018/2020
- Christian Buteler (@cbuteler) June 17, 2021
"The question is not why the dollar rises today but
why it did not rise before
Surely because when it touched $ 190 (in October of last year) we had gone over the top and 90% became dollarized between 2018/2020", indicates the analyst Christian Buteler.
With this level of blue, the gap with respect to the official dollar - which today is trading at
$ 95.35
at the wholesale level - reaches 72%.
The retail dollar averages
$ 100.62,
bringing the savings dollar, with surcharges and taxes, to
$ 166.
AQ
Look also
Inflation still very high, which eased in May due to specific issues
Guzmán took on $ 65 billion in debt and cut July payments by almost half
