Dollar today, blue dollar today: the minute-by-minute price of Friday, August 5

The dollar that can be accessed through home banking is tied to the official dollar price, which remains stable at $138.75. That is why the saving dollar, to which is added a 30% PAIS tax and another 35% of Profits, costs $228.93. Expenditures made in foreign currency abroad, which has 45% of Profits, have a reference price of $242.81.

The price of the MEP dollar, also called the stock market dollar, registers an increase of one peso compared to yesterday that leaves it at $285. Last Wednesday it had closed at $280.

the journalist laura frame consulted the economist Marcos Buscaglia How many possibilities are there for the BCRA to add 7 billion dollars of reserves through loans and foreign exchange liquidation, one of the goals of Sergio Massa at the head of the ministry: “I see the loans as almost impossible, for this today the Argentina has to put up guarantees, like a bond, but since those bonds are worth 0.25 cents for every dollar, you have to put up so much guarantee that It is very difficult for them to give us a lot of money. How much can he get a billion dollars?.

The economist acknowledged that “Money from CAF (Andean Development Corporation) is going to come in, which is new, but the 1.2 billion dollars from multinational organizations were already committed.” Regarding the liquidation of agriculture, he maintained that “they have to give it a differential exchange rate”something that is not on the government’s agenda at the moment.

Massa said that it will add almost US$7,000 million in reserves

The price of the blue dollar jumped after the first half hour of the exchange wheel and it is already sold at $294. The official dollar remains at $138.75 for sale.

The first minutes of operations in the market do not affect the price of the Dolar bluewhich remains for the moment at yesterday’s values, which are $281.00 to buy and $291.00 to sell.

The appointment of the economist Gabriel Rubinstein as Secretary of Economic Policya position that is equivalent to that of deputy minister of the portfolio, invites us to review his economic thinking:

Until today, the head of the GRA consultancy maintained days ago, before the imminent arrival of what will now be his head in the ministry, that a “disorderly adjustment” was taking place in the country. He also insisted on the need to move towards fiscal balance and the reduction of energy subsidies.

Two of the most popular cryptocurrencies, the Plants Vs. Undead (PVU) and the Smooth Love Potion (SLP), have their updated price in dollars:

In an article titled “The Argentine Economy Minister Sergio Massa proposes the fiscal order to deal with the country’s economic problems”, the Reuters agency broke down the first measures of the new minister. The international agency focused on the fact that its proposals “included maintain a key fiscal deficit target [el 2,5% acordado con el FMI]as well as respect the debt commitments previously assumed”.

The The Secretariat of Economic Policy already has a new head: the economist Gabriel Rubinstein It was confirmed to LA NACION from the environment of Sergio Massa, brand new minister of the portfolio. The owner of the GRA consultancy has a long career in the financial market and was a director of the Central Bank during the management of Roberto Lavagna as Minister of Economy.

The economist Gabriel Rubinstein would assume as number 2 of Sergio Massa Victoria Gesualdi / AFV

While in the first days of August the Central Bank does not stop selling dollars to contain the official price – yesterday it fell from 150 million – last month’s report, analyzed by the Group for the Study of Economic and Social Reality, shows that its net reserves accounted for US$ 3,974 million.

In an attempt to increase external financing in dollars, the new Minister of Economy had a phone call with the American Mauricio Claver-CaronePresident of the Inter-American Development Bank. The official relationship with the international financial entity has come and gone, since on July 25 Claver-Carone questioned whether the country was in a position to access disbursements of up to 700 million dollars agreed with the organization. Two days later, the IDB approved a credit for energy infrastructure in our country with a first operation of 200 million dollars.

A study by the Argentine Catholic University on interactions on the social network Twitter showed that economic uncertainty increased by 6.5% in the month of July compared to June. The indicator closed the month with a 65.3%after reaching a maximum of 85.6% after the resignation of Martín Guzmán on the second day of last month. After the arrival of Sergio Massa, it fell to its current values from a peak of 76.8%.

The new organizational chart of the Ministry of Economy left vacant until today the post of Secretary of Economic Planning, which is equivalent to Vice Minister. After much speculation in this regard, it is expected that this afternoon the new economy minister will announce who will occupy this important position.

During the pass between Pablo Rossi and Eduardo Feinmann in LN + worrying numbers of reserves and deposits were reviewed. The economic journalist Guillermo Laborda asked to pay attention to the reserves of the Central Bank, which in yesterday’s exchange session sold 150 million dollars to contain the price of the official dollar: “Part of the dollars that would be sold to maintain the exchange rate could be from the banking reserve and not from the gold that it has in its portfolio.”

In turn, Pablo Rossi argued that “There is a trickle of deposits in dollars from private banks of people who withdraw them.” Laborda signed and gave it a number: “800 million pesos compared to 14,500 million of the total”, to which both agreed in the pass of their respective programs that “It is not a disaster but it is a sign that it is not reversing the expectation”

Reserves of the Central Bank: the agency sold another US$150 million

In the last operations on Thursday, Banco Nación offered the official dollar at $138.75Meanwhile he dollar savingwith a 30% PAIS tax and another 35% Profits, it cost $228.93. When paying expenses made in foreign currency with the card, which has a 45% profit, the reference price was $242.81.

The US currency experienced a drop of 7 pesos in yesterday’s exchange wheel that left the blue dollar at $291 for sale and $281 for purchase, a decrease of 2.4% compared to the previous day.

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