Dollar banknotes in an exchange house.
News in development
Last week, after Sergio Massa’s economic announcements, the blue dollar closed at 293 pesos and with this value the gap with the official dollar amounted to 109.5 per cent.
08.08.2022
09:46
Marina Dal Poggetto
A stabilization plan with no gradual margins
Just a week ago, Sergio Massa surprised with the announcement that he would be the super-minister who would put some political and economic order within a paralyzed ruling coalition, which continued to procrastinate in the face of the abyss while ” passed the pens “.
For the third time since the government took office, the exchange gap leapt above 130% (this time above 150% after Guzmán’s resignation and the delay in suturing the hole that caused the detonation of the pesos debt market last June 8) coordinated a political reaction. It is that with an exchange gap of more than 100%, the obligation to liquidate exports becomes confiscatory, especially in sectors where withholdings are also applied. Read more.
08.08.2022
09:18
The sales of the power station following the announcement of Sergio Massa as Minister of the Economy
Since Sergio Massa was announced as the new minister, BCRA has sold $ 924 million.
Were sold: on 28/7 100 million dollars; 7/29 $ 149 million; 1/8 $ 110 million; 2/8 $ 170 million; 3/8 $ 150 million; 4/8 $ 150 million; 5/8 $ 95 million.
08.08.2022
08:30
On Friday, the blue dollar ended the week at $ 293
The parallel dollar was up 0.68% this Friday and ended the day at $ 293.00. With this value, the gap with the official dollar is equal to 109.5%
Source: Clarin