The blue dollar falls.
At the end of the week, the blue dollar dropped a peso and stopped $ 205. The same trend is shown by the financial dollars, with small declines that lead the MEP dollar to do so $ 207.6 and in cash with liqui a $ 209.
With these quotes there is the paradox that the blue and the MEP are cheaper than the savings dollar, which is traded today $ 208.5. In this way, those who have access to the purchase quota of 200 US dollars per month pay more for the currency than those who resort to alternative markets.
The official exchange rate moved in 2022 at a much faster rate than that of alternative dollars. Accumulating an increase of 17%, which, despite being far from the almost 30 inflation points of the period, triples the increase in the MEP, which grew by only 4.7%, while liquidity with liqui rose by 3.45 .
For its part, the blue dollar, with today’s price of $ 205, That’s a weight under the price it had at the beginning of the year.
June continues to be characterized by strong liquidation of currencies due to the heavy harvest. Agro-exporters have already turned upside down 15 billion dollars so far this year, and even so the Central Bank continues to have difficulty adding reserves.
So far this year, the Central has barely accumulated purchases $ 900 millionwhich jeopardizes the achievement of the objectives with the Monetary Fund, which aim to add 5,800 million dollars of reserves in the year.
“With the passage of June and the BCRA continues without being able to accelerate purchases, worries grow on the possibilities of achieving the IMF reserve accumulation target, “said economist Gustavo Ber.
“To this we must add that after this second quarter, of favorable seasonality in the supply of foreign currency, a phase of “less dollars, more pesos” will begin. which could awaken the financial dollars, after a period of calm, already with less room to continue running so far behind inflation and accumulating backwardness “, warns the economist.
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Source: Clarin
