The exchange market in Argentina is a topic of constant interest and concern for citizens, investors and economic analysts. On Tuesday, September 10, the price of the blue dollar and the dollar official figures reflected market tensions and expectations in a challenging economic context.
He dollar The official dollar rate, which is the exchange rate controlled by the Central Bank of the Argentine Republic (BCRA), remained stable on Tuesday, September 10, 2024. The official dollar quote on the screens of the Banco de la Nación Argentina was $977 for sale and $937 for purchase.
This stability in the dollar The official rate is the result of interventions by the BCRA to maintain the exchange rate within a controlled range and avoid sudden fluctuations that could destabilize the economy.
He dollar The official dollar is mainly used for regulated commercial and financial operations, and its stability is crucial to maintaining confidence in the economy and avoiding further inflationary pressure. However, the gap between the official dollar and the blue dollar remains an indicator of tensions and imbalances in the foreign exchange market.
Fountain: Dollar Today.
He dollar The blue dollar, which is the parallel and unofficial exchange rate, was quoted at $1,270 for sale and $1,240 for purchase on Tuesday, September 10. This quote reflects an increase compared to previous weeks, where the blue dollar had shown a downward trend.
The gap between the official dollar and the dollar blue stood at approximately 30%, indicating a significant difference between both marketsThe blue dollar is used mainly by individuals and companies seeking to access foreign currency outside the control of the BCRA, whether for savings, investment or commercial transactions.
Price
The quote of the dollar blue is a thermometer of confidence in the economy and the expectations of economic agents regarding the future evolution of the exchange rate and inflation. This Wednesday, September 11, the blue dollar is quoted at $1,260 for purchase and $1,280 for sale. Meanwhile, the official dollar is quoted at $938 for purchase and $978 for sale..
Several factors influence the price of dollar and the official dollar. These include inflation expectations, the government’s monetary and fiscal policies, and international economic conditions. In the case of the blue dollar, demand for foreign currency in the parallel market is also influenced by the perception of risk and economic uncertainty.
