Friday, October 7

Blue dollar climbed $ 11.50 in October, set a new record and the gap touched 100%


It should be remembered that the day before the price had reached the $ 198, new record in nominal terms, amid persistent demand as a hedge, just over two weeks before the national legislative elections.

Despite the low of this wheel, in the last five days, the blue dollar accumulated a rise of $ 2.50, which adds to the skyrocketing $ 8.50, and the $ 2 rise registered in the previous two weeks, due to high inflation, exchange controls, fiscal deficit and firm country risk, which fueled devaluation expectations and put pressure on the currency , which usually has sudden jumps with just a few operations.

On so far in 2021, the parallel dollar $ 31.50 is appreciated (less than 20%), well below the accumulated inflation of 2021, close to 40%.

Let us remember that during September, the informal dollar rose $ 4.50 (+ 2.5%), after posting its lowest rise since March in August, climbing just $ 1 (+ 0.6%). After hitting a low of $ 139 in early April, the parallel dollar increased $ 9 in April (6.4%), $ 7 (4.7%) in May, $ 11 (7%) in June, and $ 12.50 (+ 7.4%) in July.



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