For its part, without the intervention of the BCRA, the MEP dollar rose 2.3% ($ 4.52) to $ 204.52, with which the spread with the wholesaler exceeded 100% for the first time since November 2020.
Sabrina Corujo, director of PPI, highlighted in this regard: “The market continues to expect a devaluation. It is not clear – and hence the volatility – if it will be via a discrete jump or an acceleration of the crawling peg. But what is certain is that inflation running at levels of 3%, 3.5% or 4%, is not consistent with a sustained monthly devaluation rate of 1% -1.5%. In this, we believe that there is a coincidence ”.
On the other hand, the blue dollar fell 50 cents to $ 201 after scoring two consecutive increases, according to a survey by Ámbito in the illegal market. Despite the drop, the gap remained above 100%.
On the other hand, in the official market, the Central had to intervene again with the sale of foreign currency. The importers’ demand was assisted with US $ 70 million in a round in which the volume remained well above the usual operated averages. In this way, it cuts a mini streak of two days without a seller balance.
In this framework, the wholesale exchange rate rose six cents to $ 100.43, under the strict regulation of the BCRA. “So far this week the wholesale exchange rate has risen by nineteen cents against twenty-eight cents in the same period of the previous week,” said the operator Gustavo Quintana.
Finally, the savings dollar – which includes 30% of the COUNTRY tax and 35% of the Income Tax – rose two cents to $ 174.82.