While the Central Bank has already sold more than 1,300 million dollars this month and accumulates a deficit of more than 2,200 million dollars, the blue dollar closed this Monday at $386 on sale.
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Due to drought, harvesting declined and primary deficit was $228,000 million in February
The drought hit the public accounts again and a primary deficit of $228,000 million was recorded in February. This is a 200% increase from last year due to the collapse in the collection of export rights. In this way, the public sector risked not reaching the fiscal target for the first quarter agreed with the IMF.
In January, the Treasury had recorded a deficit of 204,000 million dollars, the worst start to the year in the last decade due to the decline in revenues from export withholdings and the increase in energy subsidies. With February’s result, the accumulated primary deficit amounted to $432 billion, very close to the $441 billion ceiling forecast up to March. To know more.
The blue dollar set a new high for its Monday close: $386
The US currency in the parallel market rose by three pesos on Monday. In doing so, it equaled its last high, recorded on January 27, when it also closed at $386.
The official dollar closed this Monday on the Banco Nación blackboard at $211 selling and $203 buying, an increase of $1 from the previous close.
Source: Clarin
