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The blue dollar fell for the second day in a row and hit $ 200.50 | Cuyo’s diary

The official dollar rose 25 cents this Wednesday, November 24, to $ 99.75 for purchase and $ 105.75 for sale on the screens of the Banco de la Nación Argentina (BNA).

For its part, the blue dollar was obtained at $ 197.50 for the purchase and $ 200.50 for the sale in the City of Buenos Aires, with a decrease of 50 cents compared to the previous day. Thus, the gap with the wholesale ticket, which was traded at $ 100.62, reached 99.27%.

Once the electoral season is over, the market’s attention is focused not only on the movement of the parallel dollar, but also on the official one. Analysts expect the Central Bank to accelerate the rate of devaluation of the regulated dollar and to reduce its interventions with reserves.

Saving dollar

For its part, the solidarity dollar rose to $ 174.49 for sale. This is the value with which it is necessary to be guided when acquiring foreign currency for savings or to carry out transactions (purchase of goods or services via credit or debit card) abroad.

It is the sum of the official dollar price plus the PAIS taxes (30%) and the 35% withholding as an advance on Earnings. So far in 2021, the retail dollar shows a rise of 18.2%.

Wholesale or commercial dollar

In the wholesale segment, the Central Bank (BCRA) validated a rise of five cents, to $ 100.62 per unit. Thus, it maintains the rate of slippage and the exchange rate gap between the commercial dollar and the blue was located at 99.27%.

The agency managed to buy about US $ 130 million this Wednesday, after closing the previous week with sales of reserves that totaled US $ 115 million. So far this month, it has accumulated a negative result of more than US $ 600 million. In October the balance was bought for US $ 220 million, but in September the monetary authority sacrificed US $ 950 million.

The wholesale dollar accumulates a rise of 19.6% so far this year. Since March, the agency has applied a moderation in the rate of devaluation of the official exchange rate, given that the authorities expect it to serve as an anchor for inflation.

At the beginning of October, the monetary authority imposed changes in the advance payment of purchases abroad, after detecting in the last four months important differences between the dollars delivered and the merchandise entered. As of November, the Central relaxed a part of those obstacles.

From the entity that Miguel Pesce leads, they had already anticipated that the sales that began at the end of August, would continue in October and November. “By December, with the entry of the fine harvest, the BCRA will regain the ability to buy foreign currency in the exchange market,” said sources from the agency.

Dollar counted with settlement (CCL)

With regard to financial options, they operate marked by current obstacles and interventions by official bodies in the public securities market.

In the official screens, the cash with liquid (CCL) fell 0.7% and was traded at $ 216.74.

What is the dollar counted with liqui? It is the exchange rate that arises from the operation that allows investors to buy Argentine papers in the local market and sell them abroad in order to turn foreign currency for “hoarding”.

MEP dollar

For its part, the MEP or Stock Exchange dollar cut 0.5% to $ 204.88. This is a financial exchange rate that works in a similar way to “cash with liqui”, but allows the banknotes obtained to be deposited locally.

Meanwhile, the “cash with free liquid” fell 0.3% and reached $ 216.40. The “free” MEP, meanwhile, fell 0.4% and reached $ 204.95.

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HELEN HERNANDEZ

Helen Hernandez is our best writer. Helen writes about social news and celebrity gossip. She loves watching movies since childhood. Email: Helen@oicanadian.com Phone : +1 281-333-2229

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