Yesterday, the prices of the dollar showed significant differences between the blue dollar and the official dollar. The blue dollar, which is traded in the informal market, was quoted at $1,115 for purchase and $1,135 for sale. On the other hand, the official dollar, available in banks, was quoted at $987.50 for purchase and $1027.50 for sale.
The gap between dollar blue and the official dollar remained stable at 13%, reflecting the substantial difference in the prices of both currencies. This difference is due to the regulation of the official market and the lack of control over the informal market, where the blue dollar usually has a higher value due to demand and scarcity.
The blue dollar has shown a downward trend compared to the previous month, with a difference of 7%. However, compared to the previous year, the blue dollar is up 15%. This variation reflects economic fluctuations and investors’ perception of the stability of the Argentine market.
The official dollar, for its part, has maintained a more stable price, although it has also experienced variations due to the economic and monetary policies implemented by the Argentine government. The quote of dollar Official is determined by the Banco de la Nación Argentina (Banco Nación), which establishes the buying and selling prices daily.
Fountain: Dollar Today
In addition to the dollar blue and the official dollar, there are other types of dollars in Argentina, such as the MEP dollar (Electronic Payment Market) and the CCL dollar (Cash With Settlement). The MEP dollar was quoted at $1076.12 for purchase and $1078.40 for sale.
He dollar CCL, which allows companies to buy Argentine papers in the local market and sell them abroad, was quoted at $1,105.70 for purchase and $1,107.40 for sale. The price of the tourist dollar, also known as the solidarity dollar, was $1,644.
Price
This exchange rate is used for purchases abroad and has a 30% surcharge on the value of the dollar official. The tourist dollar is an option for those who need to acquire foreign currency for international travel or purchases.
This Thursday, November 28, the dollar blue is trading at $1105 to buy and $1125 to sell. Meanwhile, the official dollar is trading at $988 for purchase and $1028 for sale.. The gap between both types of dollars remained stable, and quotes showed variation trends compared to previous months and years.
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