The quote of the dollar In Argentina, the economic tensions and challenges facing the country were reflected. In this context, the blue dollar and the official dollar showed significant differences on the first day of the eighth month of the year, highlighting the exchange rate gap that persists in the market.
He dollar The official exchange rate, which is the exchange rate controlled by the BCRA, was quoted at $951.50 for sale and $911.50 for purchase. This exchange rate is used mainly for regulated commercial and financial operations, and its value is determined by the government’s monetary policies.
Despite the efforts of the BCRA to maintain the stability of the official dollar, inflation and economic uncertainty have generated pressure on this exchange rate. On the other hand, the blue dollar, which is the parallel and unofficial exchange rate, was quoted at $1,370.00 for sale and $1,340.00 for purchase.
He dollar The blue dollar emerges as an alternative for those seeking to avoid the exchange restrictions imposed by the government and access foreign currency more quickly and flexibly. The gap between the official dollar and the blue dollar, which stood at 41.1%, reflects the lack of confidence in economic policies and the search for refuge in the parallel market.
Fountain: Dollar Today.
This Friday, August 2, the dollar The blue dollar is quoted at $1,360 for purchase and $1,380 for sale. Meanwhile, the official dollar is quoted at $911.50 for purchase and $951.50 for sale. In addition to the official dollar and the blue dollar, there are other exchange rates that are also relevant in the Argentine market.
He dollar MEP (Electronic Payment Market) and CCL (Cash Settlement) dollars are used for financial and investment operations. The MEP dollar was quoted at $1,293.33, while the CCL dollar was at $1,284.84.
Crypto
The crypto dollar, which refers to the dollar’s price on the cryptocurrency market, is also an option for those looking to diversify their investments. In this case, the dollar crypto traded at $1,304.86. Cryptocurrencies have gained popularity in Argentina as a way to protect against inflation and the devaluation of the peso, offering a digital and decentralized alternative.
The dollar exchange rate in Argentina is influenced by various economic and political factors. Inflation, which in June 2024 registered a variation of 4.6%, interrupting a deceleration trend, is one of the main factors affecting the value of the dollar.
