On Wednesday, the price of dollar showed once again the characteristic volatility of the country’s exchange market. On this date, the official dollar and the blue dollar presented significant differences, reflecting economic tensions and market expectations.
He dollar official, which is the exchange rate controlled by the government and used for official and commercial transactions, was quoted at $968.50 for purchase and $1008.50 for sale on the screens of the Banco de la Nación Argentina.
This value represents a slight variation compared to previous days, remaining within a relatively stable range thanks to the interventions of the Central Bank. He dollar Official is crucial for imports and exports, as it determines the cost of goods and services entering and leaving the country.
Additionally, it is the exchange rate used to calculate the dollar solidarity and the dollar card, which include additional taxes to discourage the purchase of foreign currency for savings and expenses abroad. On the other hand, the blue dollar, which is the parallel and unofficial exchange rate, was quoted at $1,175 for purchase and $1,195 for sale.
Fountain: Dollar Today.
This exchange rate is mainly used by individuals and companies seeking to avoid exchange restrictions imposed by the government. The gap between the official dollar and the blue dollar widened, standing at approximately 20.83%.
He dollar blue is an indicator of market confidence in the Argentine economy. When the gap between the official dollar and the blue dollar widens, it usually reflects greater uncertainty and distrust in the government’s economic policies.
Price
The outlook for the foreign exchange market depends on several factors, including the government’s economic policies, political stability and global economic conditions. If the government manages to implement policies that reduce inflation and stabilize the economy, it is possible that the gap between the official dollar and the blue dollar will be reduced.
However, if economic and political tensions persist, volatility in the foreign exchange market is likely to continue. This Thursday, the dollar blue is trading at $1160 to buy and $1180 to sell. Meanwhile, the official dollar is trading at $969.50 for purchase and $1009.50 for sale.
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