Economy Country November 01, 2024

Blue Dollar Closes October at $1,190

The blue dollar closed October at $1,190, with a drop of $45 in the month. Despite a slight rebound, the trend is downward due to an excess supply of currencies.


Blue Dollar Closes October at $1,190

In October, the blue dollar closed at $1,190, having lost 45 pesos, which represents a decrease of 3.6%. Although on Thursday it had a rebound of ten pesos, selling at $1,190 and buying at $1,160. During the week, the currency accumulated a drop of $35.

The Central Bank's actions included the purchase of US$ 19 million, which led to reserves ending the month at US$ 28,617 million. Similarly, in September, the blue dollar decreased by $70 (-5.4%) compared to the end of August, marking the second consecutive month of declines due to an excess supply of foreign currency, resulting from capital laundering.

On the other hand, in the official currency market, the wholesale dollar recorded an increase of $1, reaching $991. Meanwhile, the MEP dollar stood at $1,135.28, which led to a decrease in the gap with the official to 14.7%. As for the Contado con Liquidación (CCL) dollar, its value was $1,157.44, generating a spread with the official of 16.9%.

Finally, the card or tourist dollar, as well as the savings dollar (solidarity), were quoted at $1,614.40, and the Bitcoin dollar was offered at $1,149.