Yesterday, the price of dollar presented significant variations in both the official and parallel markets, known as the blue dollar. This phenomenon is of great interest to Argentines, since the value of the dollar directly impacts the daily economy, from the prices of imported products to investment and savings decisions.
He dollar official, which is the exchange rate controlled by the Central Bank of the Argentine Republic (BCRA), was quoted at $978.50 for purchase and $1018.50 for sale. This value is mainly used for regulated commercial and financial operations, and its stability is crucial to maintain balance in the national economy.
However, due to exchange restrictions and the high demand for dollars, many Argentines turn to the parallel market to obtain foreign currency. He dollar blue, which operates in the informal market, was quoted at $1,115.00 for purchase and $1,135.00 for sale.
This exchange rate reflects the market’s perception of the economy and confidence in the local currency. The gap between the official dollar and the blue dollar is an indicator of economic tensions and lack of confidence in the government’s monetary policies.
Fountain: Dollar Today.
In addition to the dollar official and the blue dollar, there are other exchange rates that are relevant for different financial operations: the MEP dollar was quoted at $1,124.40. This exchange rate is used for the purchase and sale of bonds in the local market and is a legal alternative to access dollars.
He dollar CCL traded at $1,164.95. This exchange rate is used to transfer currency abroad by purchasing bonds in Argentina and selling them in international markets. The Crypto dollar was quoted at $1,135.64. This type of exchange refers to the purchase of dollars through cryptocurrencies, an option that has gained popularity due to its ease and speed.
Price
This Friday, November 15, dollar blue is trading at $1120 to buy and $1140 to sell. Meanwhile, the official dollar is trading at $976 for purchase and $1019 for sale. The future of the dollar price in Argentina will depend on the government’s ability to implement economic policies that generate confidence and stability.
The reduction of inflation, the increase in international reserves and the implementation of structural reforms are some of the challenges that must be faced to stabilize the exchange market.
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