The dollar suspended the increases it had shown in the last week and this Thursday closed lower in the alternative variants.
The blue lost 10 pesos and closed at 1,245 dollars, while liquidity fell by 1.5%. $1,284 and the MEP lost 0.35 and closed at $1,229.
One of the factors that would have played in favor of the decline in financial dollars is the new tender for Bopreal, the bonus for importers, which in this placement aroused greater interest than the previous ones.
The Central Bank continued to take advantage of the limited demand in the market, which is only now starting to notice purchases by importers authorized to access the official dollar. According to market estimates, importers are demanding On average 100 million dollars per wheel.
Santiago Bausili’s team has purchased 199 million dollars. “In January accumulate purchases for 2,915 million dollars and since last December 13th “5,777 million dollars”said operator Gustavo Quintana.
Despite the decline in this wheel, analysts warn that the ticket could rise again if the Omnibus law is blocked. “If Congress doesn’t approve the change of course that the majority voted for, we could be headed for hyperinflation.” indicates the economist Alado Abram, director of the Freedom and Progress Foundation. “Measured in real terms, the financial exchange rate remains at levels similar to those before hyperinflation.”
A report by the Libertad y Progreso Foundation, based on official statistics, indicates that the continued increase in the exchange rate gap leaves the financial exchange rate in real levels similar to those of February 1989, six months before the first hyperinflationary peak.
Source: Clarin
