Dollar today and blue dollar, LIVE: how much the price opens and what the price is this August 17th, minute by minute

New record of public debt: it amounts to the equivalent of 380.76 billion dollars

The national gross public debt continues to grow. In pesos and foreign currencies, a new record was recorded as of July 31: 380.760 million dollars, of which 378.307 million dollars in a normal payment situation, according to data from the Ministry of Finance.

Of this total, foreign currency debt represents 67.1% of the total, in pesos adjusted for inflation 20.7% and in pesos adjusted for dollar 1.6%. inflation – – represents 89.4% of the total. In August, due to the debt swap, the pesos debt grew even more, adjusted by the CER or the dollar, and would have added up to more than 95%. Read more here.

The Central Bank launches an incentive for cereal companies to advance $ 1,000 million

In a desperate search to capture dollars, the Central Bank is launching an incentive for cereal companies to anticipate exports of at least $ 1,000 million in the coming days. The measure announced at the beginning of August is part of Sergio Massa’s plan to accelerate the entry of foreign currency and stop the decline in reserves.

The expectation is that grain companies will deposit dollars in banks in special accounts for prepayments and pre-financing of exports. And then the entities deposit them with the Central Bank, adding to the reserves. The incentive for exporters will be the ability to liquidate the foreign currency within a maximum period of six months, which will allow them to obtain a better exchange rate. Read more here.

The Central Bank and the crossroads of the dollar: buy high and sell low

A few hours before the meeting with the technical representatives of the Liaison Table, the Secretary of Agriculture announced that the government’s intention was to discuss an improvement in the administration of the liquidation of the so-called “dollar-soybean”, which is nothing more than propose to producers a limited improvement in the dollar to which they sell their cereals.

Juan José Bahillo makes his debut in his position by announcing that export withholdings will not be lowered and keeping the line of his boss Sergio Massa regarding the fact that the government might try some artifice but will avoid devaluing at all costs.

The background to this position is that a devaluation will add fuel to the rising cost of living at a time when Argentina is already undergoing a new inflationary regime. Read more here.