Over the past week, the blue it had accumulated a jump of $ 9 before the blockades of bank accounts in dollars on the part of banks before “unusual movements”, made by the “digital collectors”, who then used the informal market to carry out the “pure” (buy in the official and sell in parallel taking advantage of the existing exchange gap).
Analyst Christian Buteler explained to Ambit than Last week’s rise was exclusively due to the obstacles to transfers established by the Central Bank. “That detracted from the offer and automatically raised the price. When that happens, the price increases, because whoever is going to wait waits to see if they can get a better price and whoever is going to buy hastens not to pay more expensive in two days”, he pointed out.
That scenario, according to the operators, had to be validated with the passing of days, but at least This Monday that did not happen. “The operations were carried out more normal than was thought this Monday and the price of Friday was not validated. An interesting offer appeared and on the other hand some retracted the demand, which lowered the price “Buteler said.
In this way, the gap with the wholesale dollar fell to 88.7% after touching 95% on Friday, and reaching a maximum of 104% in mid-May.
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.