Dollar: how much the second week of October closed at

Yesterday, the last business day of the week, the price of the dollar in Argentina showed significant differences between the official dollar and the dollar blue, reflecting the complexity of the exchange market in the country.

He dolar blue, which is traded in the parallel market, was quoted at $1,175 for sale and $1,145 for purchase. This price difference, known as the exchange gap, was approximately 16.4% with respect to the official dollar.

Dollar: how much the second week of October closed at

He dollar blue is an alternative for those looking to acquire the currency in a less regulated market, although at lower rates than the official one. In the official market, the dollar was quoted at $995.50 for sale and $955.50 for purchase at Banco Nación.

This price reflects the government’s monetary policy and regulations that seek to control the demand for foreign currency. He dollar official is acquired through banks and exchange houses, and its price is more regulated and stable compared to the blue dollar.

Dollar: how much the second week of October closed at

The CCL dollar, which is traded in the financial market, was quoted at $19.70. This type of dollar is mainly used by companies and financial entities for international operations and has a significant gap with the official dollar, standing at 19.29%.

The MEP dollar, used for international payments, traded at $293.92. This type of dollar also presents a considerable gap with the official dollar, reflecting the differences in the financial market. The crypto dollar, a form of digital currency, traded at $1,178.38.

Dollar: how much the second week of October closed at

Quotes

He dollar card, used for international credit card purchases, was quoted at $1,596.00. This fee is significantly higher than the official dollar, reflecting the additional costs associated with international transactions. The difference between the blue dollar and the official dollar is a manifestation of the duality of the exchange market in Argentina.

While the official dollar is regulated by the government and has a lower price, the blue dollar reflects market rates and is used by those looking to acquire the currency in a less controlled environment.. This exchange gap is an indicator of confidence in the country’s economic policy and the perception of risk by investors.

Source link