The price of dollar It is still one of the main thermometers of the country’s economic mood. This Monday, August 11, the exchange market opened with a new dose of tension, reflecting not only financial volatility but also the political and social climate that the Government of Javier Milei is going through.
In this context, the dollar Blue offered to $ 1305 for purchase and $ 1325 for sale, while the official dollar quoted at $ 1285 for purchase and $ 1335 for sale, according to data from the National Bank.
The difference between dollar Blue and the officer has shrunk in recent days, even showing a negative gap in some moments. This is unusual in the recent history of the Argentine market, where the blue dollar, which is negotiated in the informal market, is usually above the officer.
The explanation is in the new exchange band policy imposed by the government, which seeks to contain volatility without resorting to a formal stocks. In this scheme, the Central Bank can intervene if the dollar approaches the extremes of the band, which are currently between $ 1000 and $ 1450.
Fountain: Dollar today
Although the price of dollar Blue remained stable in the last five business days, with a variation of less than 1%, this does not necessarily imply tranquility. Stability may be the result of a demand contained by political uncertainty, rather than a confidence renewed in weight.
In addition, the dollar Blue accumulates a 7.44% rise so far this year, starting from the $ 1230 with which it closed 2024. For its part, the official dollar also shows signs of tension. In July, the official currency increased $ 165, representing 13.58% monthly rise.
Stability
This escalation broke with the relative stability that had shown since the departure of the stocks in April, when the new administered flotation scheme was implemented. The dollar card, used for consumption abroad, was on Monday at $ 1738.15, reflecting the tax perceptions applied to the official dollar.
This rate of exchange is key to those who travel or buy digital services outside the country, and its value is usually an indicator of the real cost of accessing currencies in the formal market. As for financial dollars, the MEP dollar quoted at $ 1331.84 for purchase and $ 1332.44 for sale, while the CCL dollar (had settlement) was $ 1333.87 for purchase and $ 1341.60 for sale.
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