Monday , June 27 2022

How much did it close this Wednesday, December 2


It should be borne in mind that since November the CCL fell by $ 3.37 (-2.2%), prices have accrued in November, but the MEP rose by 87 cents (0.6%).

“Financial dollars continue to sideline about $ 150, with the cooperation of official interventions, which has also been inviting such convergence in other directions such as the unity and the free dollar,” said economist Gustavo Ber.

Investors are awaiting progress in negotiations with the International Monetary Fund (IMF) and are paying attention to the evolution of the loss of a foreign exchange by the Central Bank (BCRA), which in November was significantly lower than in previous months.

Official dollar

The The “unity” dollar – which includes 30% of the COUNTRY tax and 35% to the Profit- account, rose eight cents to $ 143.55 this Wednesday as the retail average rose five cents to $ 87. In the Banco Nación, meanwhile, the bill closed at $ 86.50.

In the wholesale segment, North American currency rose six cents to $ 81.47 in a wheel in which it operated with a relative balance between supply and demand and with little variation. Prices were limited, as always due to Central Bank interventions.

The minimum was registered with the first agreed operation, $ 81.47, just four cents above the previous one. In the first part of the session, the Central Bank remained active with sales responding to authorized purchase orders, at the same time limiting the price correction. Valid daytime income streams worsened and little at a time relieved the monetary authority of the task of supplying demand in the sector where banks and companies operate.

The maximums reached $ 81.50, a level that was not maintained until the end of the day, despite Central purchases that maintained the price by restoring some of the resources consumed at the start of the day.

Private market sources estimated that the monetary authority ended the date with a negative balance of about US $ 10 million due to its intervention.

In November, the BCRA sold in net terms, US $ 325 million of its reserves to supply demand that included the payment of imports and the financial debt of the companies that restructured their liabilities. The figure was well below US $ 1,062 million in October, US $ 1,618 million in September and US $ 1,279 million in August.

On the third day of the week, the Central Bank eased the pace of wholesale exchange rate adjustment, with the lowest daily correction in the last two and a half weeks. This week’s accumulated, in this sense, reaches 42 cents, suspecting it may now match the prior week’s adjustment.

The slight improvement in private income did not change the market trend, producing a negative result for the monetary authority, the second in a row since the beginning of the month.

Despite Central sales, Reserves raised u $ s1 million in the price of gold and were positioned at u $ s38,621 million. The Miguel Pesce-led entity monitors the level of liquidity in a month that, due to its seasonal nature, companies require more pesos to pay the half-bonus, which could help prevent further bleeding of international reserves.

The blue dollar remained stable this Wednesday at $ 153, after registering eight consecutive falls, the gap with the wholesaler closing at 87.7%.

Last month, the price accumulated a decline of $ 14, or 8.3%, which meant the largest monthly fall so far in 2020 causing a 25-point gap in the gap.

Remember that blue rose strongly in the second week of November to a maximum of $ 172, before demand reappeared, which did not find support in the legitimate supply. However, for two weeks it has been falling continuously.

It is worth noting that the spread between parallel and officer reached a ceiling of 150% in mid-October.


In the ROFEX futures market, US traded up $ 386 million. The terms showed the majority of losses, again average losses of 0.3%. December ended with a rate of 43.25% and January at 60.17%.

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