Towards the end of January last blue dollar it approached 220 pesos reaching a peak, although since the agreement with the International Monetary Fund (IMF) and in the midst of the liquidation of the field, the currency has decreased its price considerably and today it registers the lowest value of the year.
Thus, the dollar blue quotes at 194 pesos for the purchase and 196 for the sale. While the average official is sold at 118 and reaches 193 pesos with taxes. In the case of financial dollars, the quote The current price is around 190 pesos, both for the MEP and for the CCL.
The economic analyst MDZ Radio, Carlos Burgueño, analyzed this resounding drop and also warned about it. “If we look at the foreign exchange issue, it looks like another country: the Central Bank continues to buy dollars and increases reserves, while the blue dollar keeps falling and narrows the gap.
In any case, the specialist warned that “just as we said that the blue dollar at 220 pesos it was a very expensive dollar, now I say ‘eye, that the blue dollar at this price it can’t be a reality either.
Burgueño said that the Central Bank takes advantage of and devalues the official 0.01, 0.02 and even 0.04, depending on the day and beating the exchange rate gap. “But this is a variable that you have to look at every day or week by week.”
Asked if there is anything that can reverse this “exchange summer” that Argentina is experiencing, the economist assured: “Yes, that the field stops liquidating soybeans. That is why policies are so important.” And he asked rhetorically, due to the wishes of Kirchnerism to increase withholdings in the sector: “Are we seriously going to make the countryside angry with the Government? Do we really believe that this is the best policy for this moment? What the Argentine economy needs most is to show that it can obtain dollars from genuine exports.