Parallel dollars register a drop of between 1% and 1.5% following the announcement of the reduction in export taxes, while the blue dollar remains stable at $1,220 for buying and $1,240 for selling. This downward trend in the other exchange rates is expected to accompany the blue dollar due to arbitrage between both prices.
In figures, the MEP dollar operates at $1,157 and the Cash with Settlement at $1,170, while the wholesale dollar stands at $1,050, and the National Bank quotation is $1,072.86. On the other hand, public debt securities increase by 0.7%, and the Country Risk remains at 646 basis points. Regarding the MERVAL Index, stocks rise by 0.2%. The ADRs of Argentine companies listed in New York show mostly green increases.
Amidst these market movements, the stability of the blue dollar stands out, remaining near $1,220 for buying and $1,240 for selling. According to analysts, it is expected that this price will follow the downward trend of other financial quotes due to arbitrage among different exchange rates.
On the other hand, the MEP dollar operates at values close to $1,157, while the Cash with Settlement stands around $1,170. In the investment sphere, public debt securities experience a rise of 0.7%, while Country Risk remains stable at 646 basis points. In the stock market, the MERVAL Index shows an increase of 0.2%, while the ADRs of Argentine companies in New York record mostly bullish trends.
