On Thursday, January 23, the prices of the dollar They showed a notable difference between the official dollar and the blue dollar, reflecting the persistent exchange gap that characterizes the Argentine market. According to data from Banco Nación, the official dollar was quoted at $1027.50 for purchase and $1067.50 for sale.
On the other hand, the dollar blue, which is traded in the parallel market, had a price of $1,220 for purchase and $1,240 for sale. This difference of approximately 19% between the official dollar and the blue dollar is a clear manifestation of distrust in the official market and the search for safer alternatives by investors and citizens.
He dollar blue, which cannot be purchased in banks or official exchange houses, usually has a higher value due to the scarcity of foreign currency in the official market and the high demand in the parallel market. In addition to the blue and official dollar, quotes were also recorded for other types of dollars in Argentina.
He dollar MEP (Electronic Payment Market) was quoted at $1,165.33 for purchase and $1,168.50 for sale, while the CCL (Cash With Settlement) dollar had a price of $1,186.70 for purchase and $1,188.40 for sale.. These values reflect relative stability in financial markets, although the currency gap remains a significant challenge.
Fountain: Dollar Today.
The quote of dollar blue has shown an increase of 3% in January 2025 compared to the previous month, although it has decreased by 1.21% compared to the same period last year. This variability underlines the volatility of the parallel market and the influence of external factors and internal policies on the currency price.
President Javier Milei has been a strong defender of the elimination of the exchange rate trap and the unification of exchange rates, arguing that these measures are essential to restore confidence in the financial system and encourage investment.
Gap
However, the exchange rate gap remains a major obstacle, and negotiations with the International Monetary Fund (IMF) to obtain additional financing and refinance existing commitments are crucial to advancing this goal.
In the context of these negotiations, the Argentine government seeks to ensure minimum financing of USD 11,000 million to strengthen the Central Bank’s reserves and allow an orderly transition towards the elimination of the stocks. IMF Director Kristalina Georgieva has expressed support for Milei’s economic reforms and highlighted the country’s remarkable transformation under his leadership.
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