the blue dollar collected two pesos this Tuesday in its selling price and finished the day at $492. Meanwhile, Cash with Settlement, used by businesses to send foreign currency overseas, closed at $495.11. Meanwhile, the MEP dollar, whose price comes from the buying and selling of bonds, closed at $466.09.
New in development
More titles on the dollar: they put new obstacles to a curl that is done with the MEP and with liquidity
In the midst of a persistent decline in central bank reserves, the CNV has launched new adjustments to the functioning of financial dollars, which ultimately result in a renewed tightening of the exchange rate. As reported by the regulator at the close of the market, from tomorrow those who operate with AL30 and GD 30 bonds to obtain dollars will have to leave those dollars “parked” for 15 days.
What was decided was reflected in the organization’s General Regulation 962, which will be made official this Wednesday in the Official Gazette. In particular, the legislation provides that “agents may place orders to arrange transactions with settlement in foreign currency or to transfer negotiable securities from or to foreign custodian agents, only if in the previous fifteen (15) calendar days the customer has not specified sale of marketable fixed income securities named and payable in US dollars”. To know more.
The UIA warns that tensions with the dollar are having an impact on activity
In March industrial activity recorded an increase of 4.1% both in the annual comparison and if measured with respect to February of 2.8%, according to the report produced by the study center of the Industrial Union.
But March already seems far away. And the industrialists themselves warn in the report that “it is not excluded that the tensions on exchange rates at the end of April may have an impact on activity, above all due to the difficulties in procuring inputs and the increase in costs and the monetary policy rate. Meanwhile, the drought’s impact on milling and chained industrial sectors will continue. It is the first time that industrialists have warned that exchange rate volatility affects the business.
However, they underline that measures aimed at supporting consumption and the demand for durable goods could “partly compensate for this situation”. To know more.
The blue dollar closed at $492 on Wednesday
The US currency that is obtained in the parallel market increased by two pesos this Tuesday in its selling price and closed the day at 492 dollars.
Source: Clarin
