“Now that the month is ending, the structural characteristics of the operation of the foreign exchange market are maintained, which until now requires official interventions to compensate for the transitory shortage of foreign currency, pending a substantial improvement in the income of the agro-export complex,” said the analyst Gustavo Quintana.
The doubts regarding the negotiations with the International Monetary Fund (IMF) and the fall in the demand for money, following a December with high liquidity needs, accelerated the search for exchange coverage in the alternative markets to the official one.
In this framework, the solidarity dollar stands at $181.15, almost $38 behind the blue. This is the highest gap since September 2020, when the Government decided to add the 35% tax, deductible from Earnings.
wholesale dollar
In the wholesale segment, the dollar operates at $104.34, under the constant regulation of the BCRA. Despite the fact that the rate of devaluation slowed down slightly last week, the price is on track to register its greatest monthly advance in 10 months.
CCL dollar
In the stock market, dollar “counted with liquid” (CCL), -operated with the AL30 bond, one of the most liquid in the domestic market-, it is trading at $218.82. Last week it shot up more than 6%, taking the gap with the official exchange rate to 109.7%, the highest since December 7.
in addition, the prices of the CCL evaluated with other assets (such as the GD30 bond, ADRs, or Cedears), climbed up to 7.6% and reached $225, for which the spread with the wholesale dollar exceeded 115%.
MEP dollar
In the case of the MEP (via AL30), the price went from $202.46 to $212.74 in the week, an unprecedented value so far in nominal terms.
The blue dollar stands at $219, following jumping another $5 on Friday, January 21, 2022, according to a field survey in the Black Market of Currencies.
The parallel dollar thus accumulated a rise of $13 from its monthly minimum, recorded last Monday, January 3, while in the week it registered a rise of $9.50, the most important in 7 months.
Thus, the gap with the wholesale exchange rate, which is regulated by the Central Bank (BCRA), reached 109.9%, and is the highest since November 2020.
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