The interventions of the BCRA registered their third round in a row with a positive balance since official sources confirmed a net purchase of US $ 10 million. Thus, so far this week, there has been a positive result of more than US $ 50 million.
The wholesale exchange rate accumulates a rise of 54 cents, projecting a weekly correction higher than that of the period immediately preceding.
In line with the purchases of the Central, gross reserves rose US $ 1 million to US $ 38,747 million.
Stock market dollar
With the entry into force of new measures provided by the National Securities Commission (CNV), the financial dollars fell for the second consecutive day this Thursday, while the blue fell again and the "solidarity" approached $ 143.
The "counted with liqui" (CCL) fell 0 , 8% ($ 1.25) to $ 149.27, with which the spread compared to the official fell to 84.5%. In the same sense, the MEP dollar or Stock Market, fell 0.1% (nine cents) to $ 146.59, with a gap compared to the wholesale price of 81.2%.
On the eve, the National Commission de Valores (CNV) decided to reduce the term of holding assets ('parking') for operations with the MEP.
The entity led by Adrian Cosentino reduced the "parking" from three to two days, the number of days that the investor must have a bond in his possession once he buys it in pesos and before selling it in dollars. This modification was expected by the market, traders said.
"I don't know to what extent they will bring a large flow of currency buyers through the exchange, because people have been looking for other forms or hedging assets after the continuous In itself, it could be said that the new easing helps, but it is not a big change for the final investor or the small saver ", indicated Santiago Abdala, director of PPI.
Likewise, the focus of investors continues to be on the dynamics of the Central Bank's reserves, monetary issue and inflation, in addition to awaiting progress in negotiations with the International Monetary Fund (IMF) after a visit to the country by a mission of the organization.
On Wednesday, the minister of the Economy, Martín Guzmán, said in the framework of the Central Bank's Monetary and Banking Conference 2020 that in Argentina the "challenge" is to prevent the injection of liquidity from putting pressure on the exchange market,
And be very careful about what type of assets you go to, especially the demand for foreign currency, "Guzmán said. Faced with this, he argued that the country must "recover a currency that becomes a reference and allows it to have financing instruments, savings, and helps to solve the structural problems of the Argentine economy."
The blue dollar fell $ 1 this year. Thursday at $ 157 and accumulated its fifth consecutive fall, according to a survey by Ámbito in caves in the city of Buenos Aires.
In this way, the exchange gap with the official wholesale dollar is at 94.1%, its highest level low since the beginning of this month.
The note accumulated, in this way, a decrease of $ 7 from Thursday of last week.
On Monday of last week, the blue had sunk $ 10, and with the The running of the days found greater stability, registering rises of $ 1 on Tuesday and Wednesday, and falls of $ 1 on Thursday and $ 2 on Friday.
Let us remember that the marginal price had risen sharply in the second week of the month until the $ 172, before the reappearance of the lawsuit, which did not there was support in the genuine offer.
The exchange gap between the parallel and the official had fallen to 87% at the beginning of November, while at the end of October it reached 150%.
In the Rofex futures market, US $ 353 million were traded. The terms remained uneven, with interventions by the BCRA for the end of the year. End of the month ended with a rate of 40.61% and January at 59.43%.