The quote of the dollar This week, Argentina once again showed the volatility characteristic of the country’s exchange market. Both the official dollar and the blue dollar showed significant movements, reflecting the economic and political tensions that the nation is experiencing.
He dollar The official exchange rate, which is the exchange rate controlled by the Central Bank of the Argentine Republic (BCRA), was quoted at $915.50 for purchase and $955.50 for sale on the screens of the Banco de la Nación Argentina (BNA) on Thursday, August 8.
This exchange rate is used mainly for official commercial and financial operations, and its value is determined by the monetary policies of the BCRA. dollar The wholesale exchange rate, which is the exchange rate used in transactions between banks and large companies, opened at $936.502.
This value is crucial for the Argentine economy, as it directly influences import and export costs, in turn affecting domestic prices and inflation. He dollar blue, which is the parallel or informal exchange rate, was quoted at $1,365 for purchase and $1,385 for sale in the City of Buenos Aires.
Fountain: Dollar Today
This exchange rate arises from supply and demand on the black market, where individuals and companies seek dollars outside of official control due to exchange restrictions imposed by the government. The gap between the dollar official and the blue dollar is an indicator of distrust in the economy and government policies.
A wide gap suggests that economic actors prefer to operate in the informal market to avoid the restrictions and controls of the official market. This Friday, the dollar The blue dollar is quoted at $1,355 for purchase and $1,375 for sale. Meanwhile, the official dollar is quoted at $915.50 for purchase and $955.50 for sale.
More quotes
In addition to the official dollar and the dollar blue, there are other exchange rates in Argentina that reflect different uses and restrictions. The MEP dollar (Electronic Payment Market) and the CCL dollar (Contado con Liquidación) are financial exchange rates that allow investors to buy dollars through the purchase and sale of bonds.
He dollar MEP was quoted at $1,332.07 for sale, while the CCL dollar was quoted at $1,327.343. These exchange rates are mainly used by companies and investors looking to dollarize their assets without going through the official market or the parallel market.
