the price of May 2, 2022

Although the blue dollars, MEP and CCL are approaching their “equilibrium values”, specialists believe that this will not last long

For iProfessional

02/05/2022 – 17,10hs

In the first round of May, the free dollars blue, MEP y CCL continued to go through a period of uncertainty, after their prices will fluctuate wildly on few wheels. Meanwhile, the official It continues to grow as the days go by. From the market they project that this month could be “overheated”.

How much is the blue dollar trading today

This Monday, the blue dollar was traded to $201 at the selling point and $198 at the buying point. In this way, its sale price was $0.50 above last Friday.

How much are the financial dollars

In the current day, the MEP dollar (Electronic Payment Market), which is obtained from buy an asset in pesos and sell it in dollars locally, raised its price to $209.38taking as reference the public security GD30 for being the one with the highest volume of operations.

On the other hand, the dollar CCL (Counted With Liquidation), which works in the same way as the MEP, but liquidating the dollars in another country, climbed at $211.05 (up 2% on the day).

The official dollar continues to rise over the days

The official dollar continues to rise over the days

a heated month

After a rapid firing of the free dollars blue, MEP y CCL, the price began to fall. However, city specialists believe that May will be a hectic month for exchange rates.

Mauro Mazzaa research analyst at Bull Market Brokers, said that at the current price of the change close to zero, or even negative, with the risks in foreign markets and one month after the mega-issuance of the treasury, “it is very likely that the parallel dollar market is overheated.”

With respect to precio that the blue could have, the expert maintains that it is expected to reach $220/$230 in the medium term, a fact that casts doubt on whether making a rate during the current month is the best option, since, in the event of said increase , will greatly exceed the interest rate added to the fact that it is unlikely that the BCRA will increase it again, at least in the short term.

What is the price of official dollars

At this time, the dollar currencythe exchange rate that is negotiated in the wholesale market, is priced at $115.73. On the other hand, the official dollar or retail dollar is traded at $120.50, according to information provided by the official website of Banco Nación.

In any case, it is important to remember that this dollar only serves as a reference to know the exchange situation of the country for the vast majority of people because, in order to be “officially” dollarized, you have to pay 30% more PAIS Tax and 35 % retention of Profits. Thus arises the solidarity dollar what it currently costs $198.80, on average.

The figure may vary slightly depending on the bank where it is operated. In addition, it is also not recommended to buy this dollar because only a maximum of $200 per month is allowed and then you cannot buy the other free dollars or make other specific stock movements.

This is the exchange gap

In today’s session, the exchange gaps, considering the official dollar against the rest of the dollars, are as follows:

  • MEP dollar: 73%
  • CCL dollar: 74%
  • Blue dollar: 68%

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.