Detail of a US one hundred dollar bill in an exchange office today in Rio de Janeiro. Photo EFE / André Coelho.
the blue dollar closed this Thursday for $ 293 per unit for sale, lowering by two pesos compared to the price recorded the previous day.
Meanwhile, for the fourth consecutive day, Argentine stocks rose overseas and this infected the local stock market. With ADRs climbing to 6.5%, the Buenos Aires stock market closed with a rise of 1.8% and extended its streak.
The Central Bank will prohibit access to dollar savings for those receiving tariff subsidies
The Central Bank will prohibit access to the “savings” dollar for those who receive subsidies to pay their utility bills such as electricity, gas or water and sewerage. Therefore, those who believe they benefit from transfers from the state in order not to pay the total cost of energy will not be able to use the quota of 200 US dollars at the “solidarity” exchange (official plus taxes).
The official criterion is that the so-called “solidarity” dollar is a mechanism for the formation of foreign assets (FAE). The measure will apply from now on and will not be retroactive. Three sources of the economic team, including the Central, confirmed that it will soon be made official. “We prohibit access to the savings dollar for those who receive subsidies from the state, it is not the case to ask for help and then buy dollars”, confirmed in official dispatches. Read more.
Dollar bonds cut their streak, but country risk fell again and the equity market rose again
For the fourth consecutive day, Argentine stocks rose overseas and this infected the local stock market. With ADRs climbing to 6.5%, the Buenos Aires stock market closed with a rise of 1.8% and extended its streak. Conversely, dollar bonds closed slightly in the red after the sharp gains earlier in the week, although some stocks remained bullish.
Government bonds, which jumped to 5% on Wednesday, lost positions. Against a backdrop of most downturns, the persistent rise from Global 2046 stood out, which jumped 6% and amassing an improvement of more than 8% so far this month. This scenario takes the pressure off the country risk, which loses 1.3% and closes at 2,316 points, a level similar to what it had before the resignation of Martín Guzmán and the consequent weight race. Read more.
The blue dollar closed at $ 293 on Thursday
The parallel dollar fell 2 pesos and closed on Thursday at $ 293.
Meanwhile, the official closed Thursday unchanged at $ 144 per unit for sale on Banco Nación’s board of directors.
Source: Clarin
