The exchange market in Argentina is a topic of constant interest and concern, especially in a context of high inflation and economic volatility. On Wednesday, September 11, the exchange rate for the Argentine dollar increased by 1.5% to 1.8%. dollar blue and the official dollar reflected market tensions and expectations.
He dollar The blue dollar, which is the parallel or informal exchange rate, closed yesterday at $1,280 for sale and $1,260 for purchase. This quote shows a slight drop compared to previous days, where the blue dollar had reached higher peaks due to economic uncertainty and the demand for dollars as a safe haven.
He dollar The blue dollar is an important indicator of market perception of the Argentine economy. Its price often reflects distrust in the government’s economic policies and the lack of access to dollars through official channels.
The gap between the dollar blue and the official dollar is also a thermometer of exchange rate pressure and inflationary expectations. On the other hand, the official dollar, controlled by the Central Bank of the Argentine Republic (BCRA), closed at $994.24 for sale and $935.77 for purchase.
Fountain: Dollar Today.
This quote includes the retail dollar, which is the exchange rate used for most commercial and financial transactions in the country. dollar The official rate has experienced a gradual increase, partly due to the BCRA’s policy of adjusting the exchange rate to avoid an abrupt devaluation.
However, this strategy has also generated criticism, as the gap between the official dollar and the blue dollar remains significant, which encourages the parallel market and speculation. This Thursday, the dollar The blue dollar is quoted at $1,265 for purchase and $1,285 for sale. Meanwhile, the official dollar is quoted at $938 for purchase and $978 for sale.
Other exchange rates
Dollar MEP (Electronic Payment Market) was quoted at $1,230.443. CCL Dollar (Contado con Liquidación) was quoted at $1,249.133. Crypto Dollar was quoted at $1,255.903. This exchange rate refers to the purchase of dollars through cryptocurrencies, an option that has gained popularity in recent years due to its ease and speed.
The monetary and exchange rate policy of the BCRA is one of the main factors that influence dollar quotes. The Central Bank has implemented various measures to control inflation and stabilize the exchange rate, such as intervention in the foreign exchange market and the gradual adjustment of the exchange rate. dollar official. However, these measures often have limited effects due to the high demand for dollars and the lack of confidence in the economy.
