On Friday, October 4, 2024, the price of dollar showed significant variations in both the official and parallel markets, known as the blue dollar. These movements reflect the country’s continued economic volatility and the influence of various internal and external factors.
He dollar official, which is the exchange rate controlled by the Central Bank of the Argentine Republic (BCRA), closed the first week of October with a price of $952.50 for purchase and $992.50 for sale.
This exchange rate is mainly used for regulated commercial and financial operations, and its stability is crucial for the Argentine economy.. However, the gap between the official dollar and the blue dollar remains an indicator of underlying economic tensions.
On the other hand, the dollar blue, which is traded on the informal market, closed the same day at $1,175 for purchase and $1,195 for sale. This price represents a slight decrease compared to previous days, where the blue dollar had exceeded $1,200.
Fountain: Dollar Today
The gap between dollar official and the blue dollar stood at approximately 20%, reflecting the distrust of markets and investors in the country’s economic stability. This Monday, October 7, the blue dollar is trading at $1,175 for purchase and $1,195 for sale.
Meanwhile, the dollar Officially listed at $954 for sale and $994 for sale. In addition to the official dollar and the blue dollar, there are other exchange rates that are relevant for different financial operations in Argentina.. The MEP dollar was quoted at $1,192.30, while the CCL dollar was at $1,226.12.
Future prospects
Looking to the future, the price of dollar In Argentina it will continue to be a topic of great relevance. The government’s economic policies and the decisions of the BCRA will be crucial to try to stabilize the exchange rate and reduce the exchange rate gap.
However, the confidence of markets and investors will be a determining factor in the success of these policies. The exchange gap continues to be an indicator of distrust in economic stability. The factors that influence this situation are multiple and complex, and their impact is felt both in the economy and in the daily lives of Argentines.
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