How much is it this Thursday, May 23?

AdminMay 23, 2024

0 109 1 minute read

He dollar blue does not stop his climb and continues climbing fifth consecutive day When quoted this Thursday, May 23 $1,270 to buy and $1,300 to sellAccording to a survey of Limit In the caves of the city.

He The unofficial dollar rose by $25 this Thursdayafter gaining $45 the previous day and more than $150 over the week, on Wednesday broke its historical nominal maximum recorded on January 24 ($1,255). Therefore, The gap is 46%, the highest level since the end of last January.

Why is the blue dollar rising?

dollar continues to rise Recent weeks have been interpreted by a Combination of political and economic factors stand out among Eliminating certain terms due to low ratesLow supply of foreign exchange from exporters and political obstacles to national government approval Aadhaar law and fiscal package.

“Beyond the fact rate cut had a profound effect on the awakening of Financial and free dollars, “It is also arising from the slower pace of liquidations, which reduces the supply that reaches the market from the mix,” said economist Gustavo Ber.

He further said, “Later Recent quick rearrangement, “Even despite the strong exchange rate appreciation of recent times, operators will look to minimize the decline towards the $1,300 area, which already has a gap of about 45%.”

For IEB analyst Nicholas Capella, “The perfect storm of disarmament, more delays on the legislative front and undersupply from the region continues to mix.”