The blue dollar goes up.
The blue dollar rises again and reaches the $ 224, the highest level of the year. In this round, the informal advanced four pesos, in addition to the other four pesos that had risen yesterday.
and the second time in June that blue stretches to $ 224. The same thing happened eight days ago, although last Thursday it dropped to finish at $ 216 in the long weekend run.
With the recovery of the past few days, blue is in tune with the financial dollars, which rose sharply last week and held that price this week, without going through the ups and downs of the informal.
In view of the extra long weekend, the blue has suffered a sharp decline because it has increased the offer in the informal segment due to the fact that savers have sold tickets to meet the higher expenses, to which foreign tourists have contributed. also helped expand the offering. .
But this week what grew again was the demanddriven in part by the bonus effect that leads savers to switch from pesos to dollars in the midst of greater uncertainty.
This has led the blue to move away from cash with liqui, the dollar used by companies, which has been hovering around $ 240 for ten days. Today the CCL falls 0.9% to $ 238.9while the MEP dollar, which is listed on the Buenos Aires stock exchange, yields 0.5%, a $ 230.3.
On the other hand, the official dollar is traded in the wholesale segment a $ 123.8, an advance of 19 cents on the day, which confirms that the Central Bank has slightly accelerated the devaluation rate.
With these quotes, the gap with blue widens to 80%while for cash with liqui it drops to 93%.
Increased country risk
Country risk resumes its upside this Wednesday: it rises by 1.5% and reaches 2235 basis pointsthe highest level in the last 22 months.
The JP Morgan indicator, which measures the excess cost of Argentine debt over U.S. Treasury bills, rises as the price of Argentine bonds falls, which lose up to 3% on this wheel.
The new decline in bonds is driven by the public deficit announced yesterday, with a red of 191 billion dollars.
The S&P Merval Index falls 0.11% in the Buenos Aires market, while the shares of Argentine companies on Wall Street They have operated with ups and downs.
In the main panel of the Buenos Aires stock market, the newspapers Holim and YPF recorded declines of 2.93% and 1.81%, in that order.
The ADRs of Argentine companies on the New York Stock Exchange operated unevenly, with increases of up to 4.3% led by Mercado Libre and decreases of up to 4.6% in the case of Tenaris.
Source: Clarin
