This Thursday, December 26, the price of dollar blue and the official dollar in Argentina showed significant differences, reflecting the continued volatility of the exchange market in the country.
He dollar blue, which is traded in the parallel market and is not regulated by the Central Bank of the Argentine Republic (BCRA), was quoted at $1,180 for purchase and $1,200 for sale. This price represents an increase of 6% compared to the previous month and an increase of 21% so far this year.
The difference between the dollar blue and the official dollar, known as the exchange gap, remains high, with a difference of 173.429%. On the other hand, the official dollar, which is purchased in banks and is regulated by the BCRA, was quoted at $0.68 for purchase and $0.70 for sale.
This quote is significantly lower than that of the dollar blue, reflecting the restrictions and controls imposed by the government on the purchase of dollars. In addition to the blue dollar and the official dollar, other types of dollars are also quoted in Argentina, such as the stock market dollar and the CCL dollar (Cash With Settlement).
Fountain: Dollar Today
He dollar stock price was quoted at $1,008 for purchase and $1,048 for sale, while the CCL dollar was traded at $1,155.10 for purchase and $1,165.60 for sale.. The exchange gap between the blue dollar and the official dollar is an important indicator of market confidence in the government’s economic policy.
A high gap suggests that there is high demand for dollars in the parallel market due to a lack of trust in official economic policy or restrictions imposed by the government. In this case, the exchange gap of 173.429% indicates a strong distrust in the official dollar and a high demand for dollars in the parallel market.
Inflation
Several factors influence the price of the dollar in Argentina, including inflation, the BCRA’s monetary policy, international reserves, and market confidence in the government’s ability to meet its financial obligations.
In 2024, inflation has been a key factor, affecting the price of the dollar and market confidence. The price of the blue dollar and the official dollar in Argentina on Thursday, December 26, 2024 reflects the continued volatility and mistrust in the exchange market.
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