Argentina's exchange gap widens: MEP and contado con liqui spread closed at 5.2%
The gap between the MEP dollar and the contado con liqui (CCL) exceeded 7% on Thursday and closed at 5.2%, above the 3.5%-4% range it held throughout the year. The implicit cost of dollarizing on the local exchange ended at AR$1,549.42 and the cable at AR$1,630.81. Analysts attribute the move to greater CCL demand, MEP stability due to official interventions and an imbalance between supply and demand for cable dollars.
In 30 seconds
- The MEP-CCL gap exceeded 7% and closed at 5.2%, versus the year's usual 3.5%-4%
- The MEP closed at AR$1,549.42 and contado con liqui at AR$1,630.81
- Analysts point to greater CCL demand and MEP stability from official interventions
IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.




Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.