Blue Dollar, Dollar Today: How much are they trading at on Friday, July 12 | Dollar price to buy and sell
dollar value at expiry
The Official Dollar closed this Friday, July 12th at $900.00 to buy and $940.00 to sell.
Cash also increased along with liquidity
Liquidity and cash are no exception and have surged this Friday as well.
It has registered a rise of 1.49% and is trading at $1,431.99 for buying and $1,433.91 for selling.
Capital laws and tax moratorium rules
The national government today published in the Official Gazette the Regulatory Decree of Law No. 27,743, known as the Money Laundering and Tax Moratorium Law.
One of the most notable points of the rules is the definition of the deadline for joining the regime. Taxpayers will be able to express their consent and make mandatory advance payments until July 31, 2025. In addition, it is established that the exchange rate for determining the tax base will be 1,000 pesos per US dollar.
With regard to the special personal property tax income regime (REIBP), the rules explain in detail how the tax residency of taxpayers and the conditions for joining the regime will be determined. Similarly, provisions are included for the treatment of donations and transfers of property to family members, establishing an additional tax to avoid avoidance tricks.
Pratt Gay criticizes Miley for making allegations against Banco Macro
Alfonso Prat Gay criticized Javier Miley’s denunciation of financial movements carried out by a private entity and described it as a “notable loss of enthusiasm in private property”. “In 2 months we have gone from ‘he who escapes the dollar is a hero because he has escaped the clutches of the State’ (Lao Lalo Forum) to ‘he who plots a coup is a hero’ (BA Stock Exchange) who exercises his right … to escape the clutches of the State!”, Prat Gay published on his “X” account.
The former economy minister closed the post by saying: “A significant loss of enthusiasm in private property.”
Miley accused the macro bank of a maneuver by which it exercised puts and then bought dollars, leading to the bullish trend early last week. However, Economy Minister Luis Caputo denied the institution’s responsibility in the last hours and distanced himself from the president.
Indec released June inflation
June 2024 Inflation The data measured by the National Institute of Statistics and Census (INDEC) will be known this Friday, July 12, at 4:00 p.m., as specified by the national organization in the publication calendar. corresponding to the seventh month of the year. The government hopes that this rate will not exceed 5 percent.
MEP Dollars Grow Too
Financial dollars rise along with the color blue.
MEP gained 1.72% and is trading at $1,423.03 for buying and $1,424.36 for selling.
The blue dollar reached $1500
The blue dollar rose 1.04% this morning.
With this increase, the price became $1,480 for buying and $1,500 for selling.
Caputo justifies Banco Macro
The Minister of Economy, Luis Caputo, Banco Macro was distanced from the alleged manoeuvring that harmed the governmentas suggested by President Javier Miley. “They did the operation for really good reasons, they fully understood what we had announced and He assumed that inflation was going to fall“, Minister Caputo justified the banking unit.
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starting price of dollar
The dollar opened at $900 to buy and $940 to sell.
IMF stopped making payments to the government
The IMF once again stopped paying Economy Minister Luis Caputo and President Javier Miley. The organization’s spokeswoman Julie Kozak said this during a press conference “There are no special events” Regarding the new fund, which the minister has been promising for some time, he also jumped to the defense of Rodrigo Valdés, the director for the Western Hemisphere, who had been heavily criticized by Miley. Thus, the fund has once again ignored selfies and discreet winks.
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