The wholesale dollar rises to 192.80 pesos

Short positions in the wholesale dollar segment mark a price of $192.80 per unit, about 42 cents above Wednesday’s close. In the first tranche of 2023, the official exchange rate registers an increase of 8.8% compared to 177.16 dollars at the end of 2021.

Official devaluation follows inflation rates.

Step by step how to request a 35% refund for purchase of dollars and card expenses made in 2022

Through the AFIP system, you can request a refund of tax collection. Instructions for performing the procedure

The process is carried out 100% online via the agency's website.  Photo: dpa
The process is carried out 100% online via the agency’s website. Photo: dpa

There Federal Administration of Public Revenue (AFIP) activated in early 2023 the online procedure to claim reimbursement of the 35% or 45% levy which is applied to the purchase of foreign currency and card expenditure abroad, as an advance of Benefits there Personal property.

Endless drought: in February barely a quarter of the dollars entered a year ago

The flow of foreign currency from agriculture during the month amounts to around USD 350 million against USD 800 that the Central Bank sold during the period

If drought is followed by early frosts, losses could approach $20 billion.
If drought is followed by early frosts, losses could approach $20 billion.

The impact of the drought is getting worse every day. As in January, when dollar income from the field’s liquidation was at its lowest in more than a decade, in February the outlook does not improve.

In the public debt tender, there were rejections of tenders so as not to validate higher rates

A return of 118.2% effective per year was paid for a discount bond that matures in May. The market asked for higher rates and the Ministry of Finance dropped half of the offers

The government was able to capture $401.680 million to cancel deadlines and keep a $100 trillion surplus to cover what's to come
The government was able to capture $401.680 million to cancel deadlines and keep a $100 trillion surplus to cover what’s to come

Foreign debt obligations fell more than 4%. For example, the Global 30 (GD30D), which is favored by a government buyback plan, fell 1.8%. Since the launch of this official strategy, which is also used by the government to control financial dollars, the GD30D, the bond that would be used to obtain 1,000 million USD in a REPO operation, has lost 2% of its value and now its price It is at USD 32,447, very far from the 40 USD that must be reached for the operation to be possible.

The free dollar was left at $378 for sale

The free price of the dollar reduced one peso yesterday Wednesday to $378 on sale and extended the February decline to three pesos. So far in 2023, the free dollar accumulates a rise of 32 pesos or 9.2 percent.

With a dollar wholesaler which rose 39 cents to $192.38, the exchange differential narrowed to 96.5%.

The dollar counted with liquidation fell two pesos to $368 while the MEP follows at $355.

He central bank made the biggest daily sale of reserves since 2021 after a payment for energy imports left it with a negative balance of $292 million.

The S&P Merval fell for the first time on 4 wheels. The country risk exceeds 2,000 points.

The economy secured more than $400,000 million in yesterday’s tender and secured net funding of $107,282 million.

Financial day: for energy payments, the BCRA made the biggest sale on the market in 15 months

The entity ended its daily intervention in MULC with a negative balance of 292 million USD, of which 262 million USD corresponded to the advance payment for LNG imports. Dollar bonds fell sharply and country risk hit 2,000 points

BCRA records net sales in MULC for USD 1,000 million in 2023.
BCRA records net sales in MULC for USD 1,000 million in 2023.

The Central Bank’s voluminous selling of dollars in the market on Wednesday drew attention, as the monetary entity recorded a negative balance of $1,000 million at the start of the year due to its foreign exchange interventions.

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