Economy Country October 28, 2024

The blue dollar will open at $1.195 in Argentina

The blue dollar will be set this Monday at $1.195 for buying and $1.225 for selling. The gap with the wholesale exchange rate is 24%, showing a complicated economic situation.


The blue dollar will open at $1.195 in Argentina

The blue dollar will start this Monday with a value of $1,195 for buying and $1,225 for selling. Meanwhile, the MEP dollar will open at $1,141 and the cash with settlement at $1,163. The wholesale exchange rate stands at $988, which represents a 24% gap with the parallel dollar.

Regarding the value of the bill at the National Bank, it is set at $1007, while the average among banks reaches $1018. On the other hand, the Central Bank has made purchases totaling US$1,090 million so far this month, while the country's gross reserves remain at US$29,162 million.

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