The official wholesale dollar It collapses $61 And it writes its greatest fall in three weeks, so the gaps with the financials upload the 4,2%. In that context, the dollars MEP y CCL They also fall strongly and lose 2,6%.
He Blue dollar cede $10 a $1.180while the retail officer low $30,68 (-2,5%) a $1.189,77 for sale in the average of the financial institutions published by the Central Bank (BCRA). The wholesaler is positioned in $1.133its lower value from the April 21. Meanwhile, in the National Bank The ticket is located $1.160 For sale, some $55 (-4,5%) Under Tuesday’s closure.
Financials, meanwhile, also sink until $31. He MEP It is located in $1.172 After giving up $27,61 (-2,3%) and the CCL falls to the $1.180its minimum value from the April 22.
Why does the dollar fall?
“The dollar estimates that the bands continue within 880 For the lower band in julio 2026 and of 1.625 For the upper band, “said the Wise Capital.
Market sources indicated that there is a “disappearance of demand”, since the volume operated so far is not very important and the income exceeds purchase orders. “It was something expected,” they launched.
“The official dollar and the parallel tended to converge after the partial lifting of exchange restrictions, in a context of reorganization of flows and, due to a matter of arbitration, the different exchange rates tend to align,” he said Tavella pillar of Balanz.
“We hope that the exchange rate will remain in a range close to the center of the band and, in that context, that the gap is kept low since the restrictions have decreased and the arbitration will continue to function as a stabilizing mechanism of the gap,” he said.
He International Monetary Fund (IMF) He gave a strong support to the Argentine government last month when he approved a new credit line by U $20,000 millionof which US $ 12,000 million They were already disbursed and used to clean up the accounts of the BCRA.
He BCRA He said he received those US $ 12,000 million in cash from the Ministry of Economy to cancel ‘non -transferable letters’ that were held by the entity with expiration dates the June 1, 2025 y April 29, 2026 (both total cancellation), and April 3, 2029 (Partial cancellation).
“These liquid resources, products of the new agreement with the International Monetary Fund, contribute to strengthening the balance of the BCRA“said the monetary entity.
Exchange stability encourages speculative businesses ‘carry trade’ before yields of up to 37% Annual for peso placements through fixed -term interest rate.