How much is blue trading at this Thursday, November 16 in the last hours before the ballot

2023-11-16 10:34:04

During one of the most important days leading up to the ballot, The blue dollar experienced a notable rise, closing at $970, with peaks that reached $1,000. This rebound, linked to the return of the “crawling peg”, challenged the stability shown at the beginning of the week, when it remained at $925 after the presidential debate. Electoral uncertainty and parity in the polls drove an intensified demand for coverage, while raids and controls in caves in the city of Buenos Aires affected the supply. How much is the parallel dollar trading at today.

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Analysts point out that the jump of the blue resurrected the dynamics of the “blue of the blue”, reminiscent of the first round, where the closing price did not reflect the reality of the informal market. A broker highlighted in IP that the closing value is “liar”, placing the real price between $950 and $1,050.

In this way, it shows a significant gap between the tips, generating unrest in the market and hindering the operations of the “big hands.”

The pressure extends to the financial market, although in a more contained way. The Cash with Settlement (CCL) closed at $872.97, with a slight decrease of 0.3%, while the MEP ended at $882.35, registering an increase of 1.6%, moderated by official intervention. The demand was also reflected in the future dollar, with increases in most contracts, highlighting the December one that rose $23 to $653.

In the current panorama, analysts project an upward trend in the two remaining business days before the elections, warning about the threat to large sales operations that could face legal consequences. The situation is further complicated by raids on medium-sized caves, generating a readjustment in the market where smaller participants take center stage.