Financial dollars ran unevenly on Friday. However, compared to last Friday, both prices registered contractions as the CCL fell 0.3% (44 cents) and the MEP 0.2% (35 cents).
“As large bond positions are sold almost every day, financial exchange rates continue to remain at levels similar to those of several weeks ago and the dynamics seem to remain the same for a while,” explained Joaquín Candia, analyst at Rava .
After the rebound on Wednesday, the intervention of public bodies was perceived early on Thursday, which was reflected in the drop in the price in pesos of Bonar 2030, from $ 5,700 to $ 5,510 in the first hour of the market.
This Friday, as usual, the sale of securities intensified more on the closing of the wheel. Within a somewhat calmer financial climate after the recent measures and official signals that gave “some tranquility” to investors, the focus of the market is set in the negotiations between the mission of the International Monetary Fund (IMF) and the Government.
Local officials are looking for an extended facilities program, which would provide greater relief in terms of deadlines but would imply carrying out a series of structural reforms that the fund often calls for when it allows such agreements.
As a signal on fiscal matters, the economic team led by Martín Guzmán has already communicated that it will not request more Transitory Advances from the Central Bank (BCRA), at least until December, and reduced the deficit projections for 2021.
The “solidarity” dollar -which includes 30% of the COUNTRY tax and 35% on account of Profits-, remains stable this Monday at $ 140.70, since the retail average operates at $ 85.27. At Banco Nación, the ticket is priced at $ 85.
On Friday, in the wholesale segment, the currency rose 19 cents to $ 79.75 on another day in which the BCRA had to use its own resources again to meet purchase orders in the sector where banks and companies operate.
Sources of the monetary authority assured Ámbito that the negative balance due to today’s intervention was higher than US $ 80 million. In this way, it registered a net loss of more than US $ 110 million in the week and accumulated a negative result close to US $ 50 million in the first nine business days of November.
“There was a lot of Negotiable Obligation this week. More than US $ 100 million were paid so far this month. This is a month of sales and low liquidation,” they justified from the entity led by Miguel Pesce.
In line with the sales of the Central to regulate the price of the dollar, the gross international reserves fell this Friday US $ 91 million to US $ 39,101 million.
Consequently, throughout the week they accumulated a decline of US $ 423 million and in November the drain amounted to US $ 756 million.
The volume traded in the exchange market was US $ 228 million, only two million more than in the previous round.
Meanwhile, the blue dollar added its third consecutive day of rise this Friday, climbing another $ 5 to $ 172, in a reduced parallel square in which buyers predominate over sellers, according to a survey by Ámbito in caves of the city of Buenos Aires.
With this new advance, the exchange gap with the official wholesale dollar ended the week above 115%. Recall that on Tuesday, the gap had fallen to 87%, while at the end of last month it reached 150%.
The parallel ticket accumulated an increase of $ 23 in the last three days, after ending a long bearish streak, in which it lost $ 46, and hit a minimum price of $ 149.
The currency posted its biggest daily advance in nearly two months on Wednesday, climbing $ 13. To find a daily rise of greater proportions, we must refer to last September 16, when it jumped $ 14 or 10.7% (from $ 131 to $ 145) after the deepening of the restrictions on access to the official market.