According to a report by the Telum agency, the S&P Merval index fell 0.95% to 122,770.41 units after the mid-term in the Buenos Aires market, while the shares of Argentine companies fell by 0.95%. wall Street up to 5.1%.
Papers of the leading panel of the Buenos Aires stock exchange Banco Macro and Central Puerto It recorded a decline of 3.47% and 2.72%, in that order. Meanwhile, the ADRs of Argentine companies wall Street Mark most citations in a day banco macro The above led that lot with a 5.1% drop.
After 2:00 pm, the blue dollar remains at the same value with which it closed the exchange day on Monday. Thus, your bid for buy is $282 and for sale is $292,
President Alberto Fernandez was this afternoon in an act lomas de zamora and against the “speculators” whom he accused of raising the dollar. There, in terms of the economic measures that they will take with the new economy minister in the coming days, serge massaThe President expressed: “We have a unique opportunity and we lose that opportunity because one morning some speculators They increase the dollar by 60 pesosAnd the next day they find out they can’t move us and they reduce it from one day to the next… Those bookies can’t change our course”.
After the middle of this Tuesday’s exchange round, the official dollar is trading at $132.45 for purchases and, according to the Central Bank’s retail average, $140,73 For sale. This represents an increase in the US currency of 15 cents. ie 0.10%.
Meanwhile, in the Banco Nacional, the official dollar price is $132,50 for purchase and $139.95 for sale, On the other hand, in Banco Galicia, the North American currency is quoted at $131.10 and $141.10 for buy and sell, respectively.
Victor Hugo RosalesA Bolivian journalist showed on television in his home country how much the Argentine peso has devalued in relation to the Bolivian currency in recent years. Thus, on RTP channel he said that, in 2009100 Argentine Peso was equal to 220 Bolivian PesoWhereas these days the same amount of Argentine Peso is equal to 1 Bolivian Peso and 50 cents.
President of Central Bank of the Republic of Argentina (BCRA), Miguel Angel Pesce, this Tuesday referred to the position of reserves in dollars that the entity has and assured that “they are fit to meet the obligations that the bank will have.” “We have been with the reserve level lower than this and we were able to handle the situation,” the official added. open radio, And it also forecast that the decline in energy imports in late August and mid-September will improve as well.
American economist Steve Hanke of Johns Hopkins University, a former advisor to Carlos Menem and Domingo Cavallo, noted the loss of the value of the Argentine peso against the dollar and He insisted again with a recipe: to dollarize the economy., For more than 20 years, experts have pointed out that the only way to avoid economic disaster is the adoption of the US currency.
The parallel US currency has remained stable at the prices with which it closed yesterday’s exchange round. currency trading $292 for sale and purchase for $287.
Following the new economy minister, Sergio Massa, announced the entry of US$5 billion in export advances to increase the reserves of the Central Bank (BCRA), Secretary of Agriculture, Juan Jose Bahillo yesterday had a meeting with the chambers of the fishing area, who have confirmed that they will advance funding for pre-financing of exports Close to US$300 million.
According to a study prepared by the Humanitarian Observatory of the Argentine Red Cross, on the changes in the employment status of the population two years after the pandemic, Of those surveyed, 81 percent reported that they were having difficulty making ends meet. In addition, 78 percent said that if they move out in search of a new job, it will be difficult for them to even find a job that allows them to pay for all their monthly expenses.
Since 1983, All holders of the Palacio de Hacienda were economists, accountants, engineers or lawyers with a master’s degree in economics, instead, Massa is a lawyer. In fact, over the past 39 years, there have been 31 managements and of these, only six were not economists: Hernán Lorenzino was a lawyer with a master’s degree in economics; Carlos Fernandez, Accountant; Nicolas Gallo, engineer; George Capitanich, accountant; Antonio Erman Gonalez, accountant; and Miguel Angel Rogue, engineer.
Due to its interference in the market, the entity suffered a loss of US$780 million so far in August. Net reserves reached US$1.5 billion and If we take into account the dollar sales momentum last week, they are enough for about 15 days.
Parallel US currency trading steady $292 for sale and purchase for $287.
Last July, there was foreign exchange income from agriculture US$3.164.056.788, which is 17% less than the previous month. Although so far this year The figure has reached a new all-time high and is US$22,309,018,970: That is, 10 percent more than the same period but in 2021.
Bhandar’s blood does not stop: tomorrow, Central Bank Sells Another US$84 Million And so far this month has settled more than US$770 million.
A study conducted by the Argentine Catholic University (UCA), based on interactions on the social network Twitter, showed that economic uncertainty 6.5 percent increase in July compared to June, Indicator closed the month with 65,3%after touching max 85.6% Before the resignation of Martin Guzmán on the second day of last month. When Sergio Massa arrived It was at 76.8% and, just within a week of landing, it fell to its current values.
Retail Dollar Opened for Buying Today at $131.75 and $139.75 for sale On the board of Banco Nación, the same closing price as yesterday. For its part, the Argentine country’s risk remains at 2,364 basis points.
The difference between the official wholesale exchange rate ($133.57) and the Blue Dollar ($292) is located at above 117%.
The bitcoin dollar, also known as the “crypto dollar” or . also called stable coins (considered as such because of its similarity to the dollar), is maintained at constant values. On the Beunbit platform, DAI can be purchased for $285.60.
In the last two years, Due to the stock enforced by the Central Bank (BCRA), fewer people can buy US$200 quotas each month at the “solidarity” price, which is the price of the currency at the official exchange rate, with a surcharge of 30% for PAIS tax and a surcharge of 35% on account of taxes on income and personal property. Last June, according to the latest official figures, 885,000 Argentines were able to buy “savings dollars”.
As reported by GMA Capital Country, “This week will be a litmus test for the market”. This is due not only to expectations for the new measures, but also to inflation data and the subsequent response, which the Ministry of Economy and the Central Bank (BCRA) may have. And in this regard, he pointed out: “Private measurements indicate that the CPI (Consumer Price Index) July would have risen 7.5%So year-on-year inflation will already be above 70%”.
Who is with the Minister of Economy in the Palacio de Hacienda:
Yesterday, former Minister of Economy, Domingo CavalloWas on LN+ and analyzed the country’s economic situation: “I think great political weakness of this trio Christina [Kirchner]Alberto Fernandez and [Sergio] wart is that they do not have sufficient orientation in the economic matters of the idea”. This happens because, in their opinion, “they do not believe in the benefits of Market Economy and CompetitionAnd, conversely, “they believe that the state can be involved in all aspects of economic life”. And he added: “This is a big mistake with very specific expressions: the lack of professionalism with which banco central Very dangerous”.
Reference retail exchange rate, which is regulated by banco central ,BCRA), closed exchange rounds from Monday $132,10 $140.58 for purchase and for sale.
The parallel US currency ended Monday at $287 to buy and For sale for $292. This means a drop of $1 from Friday’s close.