Blue Dollar: with the widened restrictions the gap with the official

On Friday, August 30, the official dollar closed at $ 62.04 despite reserves of nearly $ 400 million that the plant has sacrificed to contain it. But in a tight liquidity market, the gap with blue was between $ 1 and $ 63.

But now, with the $ 10,000 per month restriction set by the Central Bank, the blue dollar has taken off from the manager.

The "blue" is one of the options to avoid the limit of $ 10,000 per month allowed by partial stocks. Another is the "Counted on liqui", the mechanism by which a person or company buys bonds or shares in the local market, then transfers them to an account abroad and resells them to obtain the dollars on his account.

This process is used to ignore the restrictions. In Decree 609/2019, the Central Bank was expected to establish "a regulation that avoids practices and operations designed to avoid, by means of government securities or other instruments, the provisions of this measure".

Although regulations and small print are still lacking to make the decree operational, official sources told Ámbito that restrictions on the use of "counted with liqui" would concern banks and not human persons.