2023-08-03 17:29:00
At 2:20 p.m. This Thursday, August 3, the informal currency breaks a new record and is positioned at 571 pesos for purchase and 566 pesos for sale, with which add 11 pesos only in the day.
For his part, financial dollars are also on the rise, with a MEP dollar trading at just over $520 for sale, while the Cash with Liquidation makes it up to almost $580 ($579.68).
The start of the day
At noon in Buenos Aires, the blue dollar reaches a new record of $565 for sale and $570 for purchase, and there are even those who say that in some “caves” of the interior, as in the Plaza de Rosario, it is offered for 575 pesos.
While they also operate on the rise financial dollars following the latest measures taken by the National Value Comission what they further restricted transactions to obtain foreign currency through the Stock Market.
For example, the blue adds 20 pesos only in the 3 days of August and the gap with the official dollar is once once more above 100 percent.
To take care of the reserves, the Government hardens the stocks for traders who buy financial dollars
Precisely, the official dollar operates in $275.43 for the purchase and $290.01 for the sale.
Regarding financial prices, the MEP dollar rises to $518 to purchase y $518,81 for salewhile Cash with Settlement does so at $544.62 for purchase and $568 for sale.
It is worth remembering that the government is closely following the evolution of the blue dollar. For example, in the last few hours the lawyer Gregorio Dalbón affirmed that at the express request of Sergio Massa he will denounce 12 caves in the “city of Buenos Aires” that are “boosting the price of blue.
“By order of @Sergiomassa We are denouncing 12 “CUEVAS” who are using pesos from providers of the Government of the City of Buenos Aires to push the blue dollar“, said.
“This week the raids and arrests suggested by the Minister and our team of lawyers will come out”assured the lawyer.
What the resolution of the National Securities Commission says
The National Securities Commission (CNV) ordered a new restriction for the purchase of financial dollars that affects “sophisticated investors or arbitrageurs, who usually carry out operations to exploit price differences of the same or similar assets in different negotiation sessions”.
The objective is “cut the loop of traders”, CNV sources affirmed to PROFILE. The operation consisted of “buying a bond in immediate cash at MEP (from the BCRA) and selling it within 48 hours of settlement at MEP,” they explained.
According to the CNV, the provision does not affect investors that use the stock market channel to become dollarized.
Through General Resolution 969, “it is perfected the regulation in order to guarantee that the volume of negotiation in dollar sovereign bonds is genuine, eliminating the influence of arbitrations and ensuring a more faithful representation of the real transactions of assets”.
The blue dollar cut with the bullish rally and closed stable on August 2
The new regulation establishes a limitation to the operation in financial dollars in different terms, “which they only use sophisticated inverters trying to obtain a return with low risk”.
From now on, in order to buy a bond denominated in dollars with settlement in foreign currency, in a settlement term of less than 48 hours, the investor must not have sold in the previous 15 days (and undertakes not to do so in the subsequent 15 days) sovereign bonds denominated in dollars with settlement in foreign currency.
Developing…
1691085149
#Dollar #today #financiers #operate #rise #adjustment #stocks #blue #hits #record
