The blue fell again and the gap with the official dollar pierced 90%

As on Monday, the blue dollar fell another peso yesterday and traded at 180 for purchase and 183 for sale.

With this new drop, the gap with the wholesale currency (which advanced another three cents and closed at 96.54 pesos) pierced 90 percent.

So far this month, the parallel ticket shows an advance of 15 pesos, which represents an increase of almost 9 percent. But since the beginning of this week a certain tranquility began to be observed in the exchange market, after eight consecutive days on the rise (from 176 to 185 pesos last Friday, its maximum in 2021). The behavior of the blue is closely followed by the Government and economists, because it is about 10 pesos from its historical record (in October 2020 it reached 195 pesos) and because a sustained rise could put pressure on the rest of the prices.

After the decline that began this week, in the market there are those who anticipate the calm of the blue thanks to the intervention of the “friendly hands” of the Central Bank. Others, more pessimistic, believe that the upward pressure could resume the first week of August, when “the retroactive Earnings begin to take effect.”

The decline of the blue contrasted, as said, with the advance of the official, which closed at 96.54 pesos, while the retailer averaged 101.95 pesos and the “solidarity” dollar was around 168 pesos, 15 below of the blue.


Disclaimer: If you need to update/edit/remove this news or article then please contact our support team Learn more

Leave a Reply