With the beginning of the exchange wheel on Monday, one of the greatest unknowns of recent times cleared: How much would the official dollar open under the brand new exchange band system.
All the speculation that were woven last weekend after the government ads in the framework of the new agreement with the IMF were left behind, since minutes before 10 am, The Bank National Bank showed a price of $ 1,200 for purchase and $ 1,250 for sale.
With this price as a reference, most banks began operating through their respective pages and little by little the price began to descend, since according to the Central Bank, after the first hour of negotiations, the average of the main banking entities was located in the 1,208 pesos for sale.
At that time the lowest price was obtained by the clients of Banco Nación, which had already descended to $ 1,190, followed by those of Galicia, BBVA and Santander, which were located ten pesos above.
At the opposite end, Banco Ciudad appeared, with $ 1,240, macro ($ 1,250) and piano, with $ 1,280, always for sale. It should be noted that these three banks were the ones that showed the largest opening between purchase and sale price, since they reached $ 70, $ 100 and $ 140, respectively, when the rest moved with a 50 pesos difference.
End of stock: now you can buy dollars without restrictions
As for the rest of the market segments, the Blue descended to $ 1,285while the MEP dollar went to $ 1,229the one in cash with liquidation at $ 1,236 and in the opposite direction, the Tourist dollar climbed up to $ 1,585.
It should be remembered that, according to a circular issued by the Central Bank, together with the CEPO release ads for natural persons, access to the market is available to any natural person who possesses a Savings box in pesos and another in dollars. If so, you can buy with the pesos deposited in your account all the dollars you want or can through the Homebanking of your entity. Once the operation is completed, you can remove them by window.
Different is the case for those who wish to do it directly per box and have an account, since for them there is a limit of US $ 100 per month for the entire banking system.
As it transpired, this restriction is based on the previous experience, when you could Buy without restrictions by windowappealing to the so -called “colleros” that in exchange for a commission lent its name to third parties.
The closure of the dollar in the main banks of the City
Already at 13 hours a certain Recovery of lower contributionsbecause the floor rose to $ 1,210 in the case of the National Bank, an intermediate price of US $ 1,230 for most entities and a strong contraction of the ends from the drop of Piano Bank, which went from $ 1,280 to $ 1,230 within two hours.
Finally, the most important data of the day was how the market would close. In this regard, according to the Central Bank survey, the purchase price ended at $ 1,271 and the sale in 1,223 pesoswith a gap between tips just above 50 pesos.
As for the closure by entity, the floor was $ 1,210 for the nation, ten pesos above for Galicia+, while Galicia, BBVA, Santander and Piano did it at $ 1,230. At the upper end, city ($ 1,240) and macro were located, with 1,250 pesos.
With respect to financial dollars, the Dollar MEP did it at $ 1,245, So fell by 6.6%, the counted at $ 1,245 (-7.1%) And on the other hand, Blue went down to $ 1,285which implies a 6.5% drop and a gap against the officer ($ 1,233) that was reduced to 4.3 percent.
