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The financial dollar has no ceiling: liquidity is close to 1,200 dollars

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Financial dollars continue with the upward trend they have had since the beginning of 2024. This Monday, cash with liquids (CCL) advances 5% and reaches $1,197a new record for this variant, which is how companies choose todollarize themselves.

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The MEP dollar, listed on the Buenos Aires Stock Exchange, is also on the rise, with a rise of 3.7% extending to $1,145. Therefore, it has increased by 15% so far this year, while the CCL accumulates an increase of 23% over the same period.

What remains stationary is the blue dollar, which is traded $1,025 and become the cheapest among the free dollars.

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With this increase, financial dollars begin to move closer to the paper dollar, which is applied to foreign currency consumption, at which it is quoted $1,337.

For analysts, the rebound of the CCL and the MEP It is a consequence of the jump in inflation and also political uncertainty among the difficulties that Javier Milei’s government is beginning to face in obtaining congressional approval for the measures it promotes through the DNU and the omnibus law.

With this leap from cash to liquid, the gap is created today against the wholesale dollar $813.9, comes to 47%. Two weeks ago it hit a low of 15%, the lowest level in four years.

With the official dollar practically flat, with a monthly correction of only 2%, The market interprets that the official exchange rate will quickly lag behind inflation and this pushes the gap upwards once again.

News in development

Source: Clarin

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