TMAP? Despite the supersa, the dollar exceeded $ 1,300 in all its variants

Tensions in the economy continue to express through exchange volatility. With reservations on the floor and within the framework of the electoral scenario, Caputo again validated a jump in the interest rate, but still failed to stop the dollar. In the “markets” it was stopped to the positive streak of bond and actions.

This Wednesday there was an increase in the demand for dollars for coverage, generating that all the variants of the currency close above the barrier of the $ 1. 300. In the dollar of the National Bank it was sold to $ 1,325, while the official retail dollar closed to $ 1,325.6. The wholesale dollar closed to $ 1,315, is a rise of $ 24 compared to the previous day. Similarly, financial dollars closed at $ 1322.4 (MEP) and $ 1,320 (CCL).

Under this scenario, while the LEFI paid a rate of 33.63% TEA, now the LECAP went to pay a rate of between 60% and 65% per year. It is a significant jump in interest rates that make the credit paid by families and SMEs, cooling the economy. Another symptom that can be read in alert code is that even with this superson, a sector prefers to cover itself with a strong currency.

The dollar went up today and broke the psychological roof of $ 1,300 that did not want to overcome the government

💸BNA = $1.325

The issue is heating on the Financial Front and begins to give Caputo headaches (Luis)

Va 🧵 pic.twitter.com/7oU2kmfveZ

– Lucía Ortega (@ortegalu_) July 30, 2025

The pressure on the dollar is also explained by movements that are ahead of measures such as that announced by the BCRA, which from August 1 will increase from 20% to 30% the lace required to banks, this measure also aims to absorb pesos. Or the IMF disbursement for US $ 2,000 that was expected for this week, and could imply changes in the goals.

For Milei and Caputo “every march according to the plan”, but the noise on the economic direction is already expressed in the end of the truce of the dollar, in the constant output of currencies by the exchange delay widening the red of the current account. Along with the indebtedness in pesos, it continues to increase, generating a ball of interest to pay. Within the framework of the electoral scenario, inflation remains at low levels, which at the moment have not registered such an immediate transfer to internal prices. However, this scenario cannot be ruled out, and would imply a blow to popular income.

The non -payment of the external debt, and throw down this government adjustment plan, the businessmen and the IMF is the way to get out of this enclosure that increases the decline of the national economy, the delivery of strategic resources and the permanent fair to the working people.