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Dollar live today: the free price rises to $381, with an exchange gap above 100%

Paudal by Paudal
February 3, 2023
in World
Dollar live today: the free price rises to $381, with an exchange gap above 100%
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The free dollar advances to 381 pesos

The US currency earns three pesos a day in the small businesses of the parallel market, to settle at $381 for sale. In this way, the free dollar cuts the drop in the weekly tour to five pesos, after having operated at $386 the previous Friday.

The free dollar rises for the second day.The free dollar rises for the second day.

The free dollar rises to 379 pesos

The currency negotiated in the informal market gains one peso in the day and is sold at 379 pesos. The “blue” rises for the second day, although it still remains below $387, the intraday record reached on Monday morning. During the week, the free dollar fell seven pesos or 1.8 percent.

The exchange gap reaches 101.6 percent.The exchange gap reaches 101.6 percent.

The free dollar is held at $378

The “blue” price of the dollar is negotiated unchanged this Friday, at $378 for sale. The ticket offered in the informal market records a loss of eight pesos or 2.1% in the week, although in the course of 2023 it maintains a gain of 32 pesos or 9.2 percent.

With a wholesale dollar that is operated with a rise of 27 cents, to $187.97, the exchange gap remains at 101.1%, after having tested 108% at the end of January.

The free dollar stabilizes after three months of rising above inflation. The free dollar stabilizes after three months of rising above inflation.

Without coin, but with a new bill

Not having the correct denominations in your currency implies a series of inconveniences that go beyond the mere convenience of using less paper in your wallet

Manuel AdorniThe 500,000 austral bill (1990)The 500,000 austral bill (1990)

The “convertible peso” was born on January 1, 1992. It was the successor to the Austral, a currency that had the sad record of having plunged Argentina into inflationary levels never before seen in the country: in 1989 it said goodbye, leaving behind inflation of 3,079% giving way to the year 1990 where it was located at 2,313%. That currency born on June 15, 1985 had the highest denomination bill of 500,000 australes, which came to light in November 1990. A short time later -on January 1, 1992 and at a rate of 10,000 australes per unit- the ” convertible weight. The highest denomination bill was then equivalent to 50 dollars: 500,000 australes => 50 convertible pesos => 50 dollars.

Argentine currency: how far are we from 1,000 pesos being equal to 1 dollar?

In 2022, the variation in prices deteriorated variables such as wages and the supply of goods/services, and in turn the purchasing power of the currency

Damian Di PaceDollars and pesos (Photo: Franco Fafasuli)Dollars and pesos (Photo: Franco Fafasuli)

One of the most objective ways to assess a government’s action is through what happens to its currency over time. It’s like a clinician’s diagnosis after looking at an MRI.

What the Central Bank spent USD 5,000 million on, more than half of the accumulated reserves in December

Until yesterday, the monetary entity parted with that amount for debt payment, exchange intervention and bond repurchase. How much will you need to raise to meet the March goal?

Virginia PorcellaThe BCRA issued yesterday the equivalent of USD 690 million for interest payments to the IMFThe BCRA issued yesterday the equivalent of USD 690 million for interest payments to the IMF

Although the Minister of Economy, Sergio Massa, managed to exceed the reserve accumulation goal established in the agreement with the Monetary Fund for 2022, the truth is that not only the level of dollars available in the Central Bank’s net reserves account continues to being the most sensitive point to comply with the agreement with the agency, in addition to sustaining the precarious balance of economic activity. Also the management of these reserves, in light of the recent warning from the IMF, acquires greater relevance.

The Federal Reserve’s rate hike benefited emerging countries and Argentina received something from these investments

It was a minor target but there was a certain “spillover” from the rise in the markets in the US that pushed up the debt bonds

Louis BeldiREUTERS/Dado Ruvic/Illustration/FileREUTERS/Dado Ruvic/Illustration/File

The 3.25% jump in technology shares on the Nasdaq and the feeling that the US Federal Reserve will have a less aggressive monetary policy, not only favored the US markets but also investors, as they lost risk aversion , they started looking at Latin American bonds.

The free dollar, at 378 pesos

The currency traded in the parallel market rose one peso this Thursday, to $378 for sale, to interrupt a series of three consecutive falls. The blue dollar hit an intraday record of $387 on Monday morning.

Meanwhile, the exchange gap with the wholesale dollar, traded with an increase of 31 cents to $187.60, reaches 101.5 percent.

The free dollar rises 9.2% in 2023.The free dollar rises 9.2% in 2023.


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Tags: DollarexchangefreegapLivepricerisesToday

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