Dollar banknotes. Photo EFE / Marcello Sayão.
News in development
The tension on the foreign exchange market continues, which ended with a on Wednesday Dollar blue record, at 317 pesos for sale. Cash with Liquidation (CCL) also rose, trading at $ 308.75, nearly five pesos above Tuesday.
21.07.2022
09:35
The peso is the currency that has depreciated the most in the region this year
So far this year, the Argentine peso has been the currency that has lost the most against the dollar in the entire region. Between 1 January and 19 July the official exchange rate increased by 24.7% while the Italians did so by 46.1% and the MEP by 50.1%.
In the rest of the countries of the region, on the other hand, the average devaluation against the dollar was 7%. There are even currencies that, compared to their value at the beginning of January, have registered an appreciation or stability, as are the cases of Bolivia, Brazil, Chile, Paraguay, Peru and Uruguay, according to a study by the Fundación Libertad y Progreso. which does not take Venezuela into account due to its volatility. Read more.
21.07.2022
09:08
Gustavo Bazzan
Announcement Announcements: The government’s response when the “blue” dollar exceeds $ 300
With increasingly scarce reserves, at a level that the government is beginning to consider “desperate”, officials think it is necessary to “announce that there will be announcements.” Given the context, the announcements announced are unlikely to bring calm to a currency market that has acquired logical momentum given the number of pesos in circulation and the reluctance of the Central Bank to raise interest rates significantly. Read more. Read more.
21.07.2022
08:45
Central Bank Director acknowledges that the blue dollar “is a reference for the public” and that “it hurts”
In the midst of the exchange rate rush and with the blue dollar reaching $ 318, Central Bank Director Agustín D’Attellis acknowledged that the value of that currency “the public takes it as a reference with which it plays on expectations, has transferred to prices, it hurts economically “.
When the dollar was at $ 311, D’Attellis, who joined the monetary entity last May, gave an interview and said, “The blue or illegal dollar is absolutely out of our reach, it’s not. something we can trade on is not the foreign exchange market we intervene in by buying, selling, trading. It is an illegal market that moves through dark channels and escapes all control. “ Read more.
21.07.2022
08:39
Financial dollars also closed strongly
The CCL dollar closed this Wednesday at $ 308.75, nearly five pesos above the price on Tuesday. Meanwhile, the MEP dollar, the so-called “stock market dollar,” traded at $ 303.32, six pesos more than in the last round.
21.07.2022
08:20
The blue dollar rose on Wednesday and closed at $ 317
The price of foreign currency in the parallel market jumped 16 pesos this Wednesday and set new records. After hitting the $ 318 ceiling after noon, it gave up on a weight towards close.
Source: Clarin