On Thursday, November 28, the price of dollar showed significant differences between the official dollar and the blue dollar, reflecting the persistent exchange gap that characterizes the Argentine market.
He dollar blue, also known as the parallel dollar, was quoted at $1,125 for sale and $1,095 for purchase in the City of Buenos Aires. This informal exchange rate remains active in the black market, where individuals and companies look for alternatives to the shortage of foreign currency in the official market.
The gap between the blue dollar and the official dollar stood at approximately 8.5%, with the blue dollar being significantly more expensive. In contrast, the official dollar, which is negotiated through banks and authorized exchange houses, was quoted at $1,028 for sale and $988 for purchase at Banco Nación.
This difference in prices reflects the restrictions and controls that the Argentine government imposes on the purchase of foreign currency, with the aim of protecting international reserves and controlling inflation.
Fountain: Dollar Today.
In addition to the blue dollar and the official dollar, there are other exchange rates in Argentina, such as the counted dollar with settlement (CCL) and the MEP dollar. The CCL was quoted at $7.60, while the MEP dollar traded at $312,511.
These exchange rates offer additional options for those looking to access foreign currency, although they are also subject to certain restrictions and additional costs.. Country risk, an indicator that measures the perception of investment risk in a country, fell 195.4% to stand at 755 points.
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The difference between the blue dollar and the dollar official has a significant impact on the Argentine economy. The high difference in currency prices can encourage the black market and tax evasion, as well as affect the competitiveness of exports.
Furthermore, the shortage of foreign currency can limit access to international goods and services, affecting the quality of life of citizens. This Friday, the blue dollar is trading at $1,100 for purchase and $1,200 for purchase. Meanwhile, the official dollar is trading at $988.50 for purchase and $1028.50 for sale.
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