On the penultimate day of the week, dollar quotes in Argentina showed significant differences between the official dollar and the dollar blue, reflecting the persistent exchange gap that characterizes the Argentine market.
According to data from the Central Bank of the Argentine Republic (BCRA), the dollar official priced at $996.50 for purchase and $1036.50 for sale. On the other hand, the blue dollar, which is traded in the parallel market, reached values of $1,050 for purchase and $1,070 for sale.
The exchange rate gap between dollar official and blue remained around 4%, a difference that has been a constant in the Argentine exchange market in recent years. This difference is due to several factors, including the shortage of foreign currency in the official market and the high demand for dollars in the parallel market.
The official dollar, controlled by the BCRA, is traded in banks and authorized exchange houses, while the blue dollar is obtained through informal operations, such as the purchase and sale of bonds or shares denominated in dollars.
Fountain: Dollar Today.
This difference in the way of access to foreign currency has generated a dual market, where prices can vary significantly. In addition to the dollar official and blue, there are other exchange options in Argentina, such as the MEP dollar (Electronic Payment Market) and the CCL dollar (Cash With Settlement).
He dollar MEP, which is negotiated through the purchase and sale of stocks or bonds, was quoted at $1,053.71 for purchase and $1,057.28 for sale. The CCL dollar, which is negotiated directly between banks, reached values of $1040.93 for purchase and $1073.35 for sale.
Price
The quote of dollar blue has shown an increasing trend throughout the year, reflecting the growing demand for currencies in the parallel market. Since the beginning of 2024, the blue dollar has risen approximately 5%, reaching higher values than in the same period of the previous year.
This trend has been influenced by factors such as inflation, the devaluation of the Argentine peso and economic uncertainty. This Friday, December 13, the blue dollar is trading at $1075 for purchase and $1095 for sale. Meanwhile, the official dollar is quoted at $1000 for purchase and $1040 for sale.
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