Buying and selling dollars in this way allows you to earn for the same number of hours as a fixed period of 10 months
The blue dollar surged this Wednesday and went on sale at $333, hitting a new all-time high,
distortions present in certain markets, the existence of multiple dollar quotesAllows you to do what is called a “mash” in financial jargon or, more sophisticatedly, a “value arbitrage”.
ordinary, sometimes less peaceful, coexistence between official dollars Regulated by the Central Bank, Solidarity, MEP Dollars, Cash with Liquidation and finally Blue, give rise to these types of speculative games.
The issue is to try to capitalize on the distortions arising from the existence of multiple exchange rates and is likely to be able to achieve trades that can be entered and exited quickly, taking advantage of price differentials. East.
Profits could reach 38% with net dollars
In other words, in the present circumstances, everything is given to be able to “Mash” with dollarsOr what is called a position of “mediation” between those who have the greatest openings in the jargon.
In other words, anyone with cash is able to Buy dollars at the cheapest price and resell at the highest possible priceMake what is called a “roller” in domestic jargon.
Buy in solidarity dollars and resell in blue
The choice is to puree between solidarity dollar And that Blue, Anyone who uses $200 that can be bought in this market will have to pay $44,900. If he sells them on the parallel market for $333 (Caves buys at that price and resells them for $338) he will get around $66,600, so This simple passing of hands will net you a profit of $21,700.
it means a 48% profitThus, with maneuvers with the solidarity dollar and the blue dollar, a return can be obtained. Similar to a traditional CDD if it is renewed in 10 months.
Recall that in mid-June, the Central Bank raised the fixed-term nominal interest rate (NAR) for the entire financial system from 48% to 53% per annum. This is equal to the new yield Pays around 4.4% every 30 days For the initial amount invested.
The downside is that the blue dollar market is not legal, which happens with other dollars: MEPs.
The differences between dollars can generate big profits
Buy Solidarity Dollars and Sell them at MEP: 100% Legal
another option is MEP combines solidarity dollar and dollarCurrently, rollovers can be made by buying solidarity and transferring this amount to MEP dollars and thus obtaining an interesting difference in this currency. The most important thing is that both markets are 100% legal.
Speaking in money, who’s buying u$s200 in solidarity I will spend it $44,900 and sell them on the formal market for $324 (value in MEP dollars today), for $64,800. This way, you will make a 44% profit of around $20,000.
This figure, as in the case of the blue dollar, is close to Today and a return equivalent to a traditional fixed period formed in about 10 months.
To carry out this operation, it is necessary to have a dollar account in the bank, since only in this way will you be able to access this market.
The MEP dollar is completely legal and allows significant profits to be made through differentials
How MEP Dollars Trade
The way to make an operation to buy MEP dollars is as follows:
- the first requirement is a Peso account in a bankFrom where the funds can be transferred to the brokerage firm or to Alyc or to the bank’s own originating account so that some of the bonds most commonly used for this operation, such as the AL30 or the GD30, both in their version in pesos and which is very immediate as important as the money.
- Once the transaction has been completed, the deadline determined by the CNV, known as “parking” in financial jargon, must be respected, which is currently reduced to a single working day, after which the same securities are sold. Eh. But now the dollar in its version, ie AL30D or GD30D, always in terms of immediate cash.
- Once the sell order is accepted by the brokerage firm or the bank, the dollar funds are deposited in the original account of the holder, who is now able to transfer these dollars to his dollar bank account, which should be the same holder, regardless of the bank to which the dollars will be sent.
To sell MEP dollars, it is necessary to transfer them to a brokerage firm or sell them directly to the bank where your dollar account is located, if this option is enabled. In this case, the recognition of the peso occurs on the day when it is no longer required to respect the “parking”.