Financial dollars fall for the second consecutive round this Tuesdaywhile the market expects that the liquidation due to the thick soybean and corn harvest will intensify this week.
After registering its first decline in eight days on Monday, the CCL dollar fell $13.61 (-1.2%) and was located in the $1,094.70for which the gap with the officer he descended to 24.3%. For his part, the MEP lost $16.18 (-1.5%) to $1,048.49; in this case, the spread with the wholesale exchange rate it stood at 19.1%.
Analysts predict greater dollar income this week
Nicholas Cappella, a member of the ALyC Invest in the Stock Market (IEB), pointed out that “little by little we are beginning to notice more volume of operations” and highlighted that the MULC operated 50% more than in the previous round. ““Because of how the round ended, we believe that tomorrow could be another day of decline for the exchange rate.”he predicted.
In that context, the Central Bank (BCRA) bought US$219 million in the single and free exchange market. The volume operated in the MAE was almost US$344 million, 76% above Monday’s figure; This may be an indication of greater currency liquidation due to the heavy harvest, as the market expected for this week.
The market analyst, Salvador Di Stefano stated in dialogue with Ambit that during the weekend “a lot of merchandise entered” from the countryside to the export ports and that this Monday the highways in the Pampas area were “collapsed” by trucks.
In the same sense, the agricultural transport services company Agroentregas published a report in which more than 6,000 truck arrivals were verified, of which 82% corresponded to loads of soybeans.
Modifications in COUNTRY Tax for transfers of profits and dividends
The Ministry of Economy announced a modification of the PAIS Tax for the purchase of dollars intended for transfers of profits and dividendsas well as the repatriation of investments generated by non-residents since September 1, 2019.
Through decree 385/2024, the Government reduced the rate of the PAIS tax to 17.5%, which is an advantage for the economic agents involved in these operations.
In addition, the norm included subscriptions in pesos of “Bonds for the Reconstruction of a Free Argentina” (BOPREAL)issued by the Central Bank of the Argentine Republic (BCRA), within the scope of the COUNTRY tax for cases of payment of profits and dividends, as well as for the repatriation of non-resident investments.
Among the foundations of the decree, it stands out that they seek to stimulate investment and guarantee a sustainable fiscal path in the country.
During the first quarter of the year, the participation of the PAIS tax in national income represented 10%about 10 of every $100 collected by the national Public Sector, according to IARAF.
How much was the official dollar quoted at today, Tuesday, May 7
In the official exchange market, the wholesale dollar It rose 50 cents and closed at $880.50 per unit.
How much did the future dollar trade at today, Tuesday, May 7
The contracts of future dollar by the end of May they increased 0.3% to $906.50, while for June they rose 0.5% to $934. By the end of the year, meanwhile, the price rose 1.1% to $1,175, after four consecutive declines. The latter would imply an exchange rate increase of 33% between now and the end of the year.
Price of the card dollar today, Tuesday, May 7
He dollar card or touristand the dollar savings (either solidary) was located in $1,439.20.
Quote of the crypto dollar today, Tuesday, May 7
He crypto dollar or Bitcoin dollar operates at $1,083.55, according to Bitso.
