At Banco Nación, the ticket -without the PAÍS tax- closed without variations a $75,75, while on the electronic channel it was possible to a $75,70.
For his part, in the Single and Free Exchange Market (MULC), the currency increased to 18 cents to $ 72.08, in line with the value set for this day by the BCRA.
The highs, recorded at $ 72.08, coincided as always with the selling stance established by the monetary authority, remaining unchanged throughout the session. Supply and demand alternated dominance throughout the day, maintaining a precarious balance that was broken in the last section of the wheel, in which demand for coverage prevailed.
Official sales fueled authorized purchase orders with no counterpart of genuine revenue, and held prices at today’s highs until close of business.
During the round, there was a lower offer by the grain exporters, so the BCRA sold about $ 30 million, according to ABC Mercados de Cambio.
For his part, Gustavo Quintana, from PR Corredores de Cambio, explained that “in the first round of the week, the last one in July, the monetary authority adjusted the wholesale exchange rate again, compensating the days without activity for the weekend, a fact that has been repeated for several periods. “
“Prices always remained alienated within the official regulatory range in a scenario that showed somewhat more toned demand that justified official activity in the market,” he added.
The exchange swaps totaled $ 29 million to take and / or place funds in pesos using the buying and selling of dollars for Tuesday and Wednesday.
Stock dollar
The Dollars Financials repeated the behavior on Friday and rose again, leaving behind the downward trend they had shown over the past week, in a context of gains for local assets due to positive expectations regarding debt restructuring.
The dollar CCL -which arises from the purchase and sale of bonds or shares on the stock exchange- increased 50 cents (0.4%) this Monday to $ 117.98, so the spread with the wholesale price advanced to 63.8%.
With more force, the MEP dollar, or Stock Market -similar operation to that of the CCL but within the country- climbed $ 1.10 to $ 115.67, leaving a gap of 60.5% against the currency listed on the MULC.
The economist Gustavo Ber highlighted that “between comings and goings the ‘gaps’ continue to transit, as reflected in the financial dollars locked in a narrow ‘trading’ range, while the operators monitor the demand and supply of foreign currency, as well as the strong monetary issue , at a time when concerns about the loss of reserves are growing recently. “
After touching its historical maximum, the blue dollar fell $ 3 this Monday to $ 136, according to a survey by Ámbito en cuevas del Microcentro porte.
It was the first drop in more than three weeks of the parallel, after reaching an intraday peak of $ 140 last Friday.
Thus, the gap with the wholesale dollar decreased to 88.7% after touching 95% on Friday, and reaching a maximum of 104% in mid-May.
The parallel ticket, which had practically remained unchanged in the first fortnight of July, woke up 10 days ago, before blockades of bank accounts in dollars for “unusual movements”, carried out by “digital collectors”, who then used the informal market to carry out the “pure” (buy in the official and sell in the parallel taking advantage of the existing exchange gap).
Since the quarantine started, the blue accumulates a hike of $ 50.50 (from $ 85.50 on March 20), product, among other causes, of greater restrictions to operate, not only in the Single Market and Free of Exchange, but also for operations with the CCL dollar and the MEP.
Dollar in the world
Contrary to the Argentine peso, Latin American currencies advanced favored by a global pullback for the dollar, with investors anticipating the US Federal Reserve meeting this week.
He The dollar fell 0.7% against a basket of currencies, after hitting its lowest level since September 2018 overnight., due to concerns about the growing number of coronavirus cases in the United States.
The weakness of the dollar “is mainly due to the expectation that the Federal Reserve will maintain a highly accommodative stance due to the resurgence of coronavirus cases and the stagnation of the labor market,” said Gabriela Siller, director of analysis at Baco Base.
In the region, the Mexican peso closed with a gain of 1.2% while the Brazilian real appreciated 0.9%.
In the same vein, the Colombian peso gained 0.5% after three sessions with devaluations, the Chilean climbed 0.9% and the Peruvian sol rose 0.4%.
Futures
In the ROFEX futures market, US $ 291 million were traded. The short terms remained unchanged and some increases from September to December and decreases from January. July ended with a rate of 29.12% and August at 36.46% TNA. Year-end rose to $ 86.21 with a TNA of 45.57%. The positions of open contracts totaled the sum of US $ 4,439 million.
Bookings
On Friday, the BCRA’s Gross International Reserves rose $ 13 million to close the day at $ 43,363 million. In this way, after a week with oscillations, they ended at the same level as that registered last Friday.
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