Economy Country February 15, 2025

Official Dollar: Market Analysis

The price of the official dollar in Argentina has stabilized around $1,078, showing minimal variability. The demand for dollars has increased, which could impact the economy. Monitoring this trend is crucial to understanding its effect on inflation and the foreign exchange market.


Official Dollar: Market Analysis

The price of the dollar in Argentina has been a topic of attention due to the variations it has experienced recently. The value of the official dollar is calculated by dividing the price in pesos by the quotation in dollars. This trend can have an impact on the foreign exchange market and the economy in general, as a higher dollar can influence inflation and the prices of imported goods.

During the last year, the volatility of the official dollar has been significantly lower in the last week compared to the annual period, indicating a more stable behavior. In this period, the value of the official dollar has fluctuated between a maximum of $1,077.3 and a minimum of $1,052.5.

The MEP dollar, also known as "stock dollar," is another exchange option that any person or company can access by purchasing a public bond in pesos or dollars. After a one-day parking period, savers can sell the bond in foreign currency.

To acquire MEP dollars in Argentina, it is necessary to buy bonds in pesos and then carry out the exchange operation for dollars. Some banks offer the possibility to perform these transactions through their online banking platforms. Despite the upward trend, it is important to monitor market behavior, as volatility can affect its future stability.

At the market close, the quotation of the official dollar stood at $1,078, showing a positive trend in its value during the previous days. It is essential to verify the institution's authorization for these transactions and know the available hours. In some banks in the country, the MEP dollar operation can be carried out through their online services by selecting the AL30 and GD30 bonds, among others, for their high liquidity.