There is no activity in the financial market this June 8th as it is a Saturday. Therefore, for both the official dollar and the blue dollar, the closing prices of the last trading day of the week, Friday 7th, are taken as reference.
Blue rose 1.22% this Friday.
The final bid was $1245 to buy and $1265 to sell.
He MEP Dollar or Stock Market Dollar This is a legal way to acquire dollars in Argentina. It involves the purchase of a bond in pesos that is also listed in dollars on foreign markets. Unlike the “Liqui Cash Dollar”, the foreign currency received remains in the country. The bid and ask price of the MEP Dollar may vary and is subject to market expectations.
The dollar remained stable throughout the day.
At the close it was quoted at $878 to buy and $918 to sell.
He International Monetary Fund
warned this Thursday about Big economic challenges before the government And amid the political crisis and widespread recession caused by the distribution of food by the Ministry of Social Development, once again focused on protecting the most vulnerable sectors.He Dolder Blue This is the exchange rate of the US currency that is bought and sold outside the formal circuit. It is sold in informal places and is also known as the parallel dollar or informal dollar. The bid and price of the blue dollar may vary and is not regulated by the government.
There has been no change in the official dollar price so far on this day.
The price remains $878 to buy and $918 to sell.
The dollar counted with liquid also increases in relation to the price with which the last trading day of this week began.
It is now trading at $1,304 to buy and $1,305.66 to sell.
The increase in relation to the start of the wheel is 0.85%.
After a changeless morning, the blue dollar experienced a rise during the afternoon.
The price of dollar has increased by 0.81% in the parallel market.
Now, in the unofficial market, the US currency is trading at $1,240 for buying and $1,260 for selling.
It is an alternative market where foreign currencies, mainly dollars, are traded outside the control and regulation of the official financial authorities. This market is characterized by operating outside the law, often resulting in prices higher than those of the official market. Its existence and prevalence are due to several reasons. First of all, the relevant percentage of the “black economy” in the entire national productive movement (to avoid paying taxes or directly as a result of illegal activities), which leaves many economic agents without the possibility of resorting to legal markets, among its defenders. The effect of strict exchange restrictions imposed by the government, economic imbalances and local economic uncertainty lead to an increased demand for hard currencies as a savings or investment mechanism. In addition to affecting the country’s economic stability, the black currency market represents a legal risk for participants, since transactions are carried out outside the banking and financial legal framework. Unlike the blue dollar, which refers exclusively to the US dollar in an informal but relatively accepted context, the black market can involve a wide variety of foreign currencies, and is often associated with less transparent and more speculative economic activities.
According to consulting firm First Capital Group, credit card transactions in May reached 7,877,139 million pesos, a slight increase of 170.8 percent compared to the same month last year, that is, about 100 points less than accumulated inflation.
There is no change in the price of the dollar at the beginning of the last day of the week.
The official dollar operates at $878 for buying and $918 for selling.
In the parallel market, the blue dollar is trading at $1,230 for buying and $1,250 for selling.
Dollar bonds fell by an average of 3 percent and the country’s risk continued to climb to 1,596 points. For its part, the panel of major stocks fell 4.3 percent and the general atmosphere of uncertainty has led to a 9 percent drop so far this month. Although there is no single reason capable of explaining this collapse, analysts agree that the lack of progress experienced by the various official projects in Congress is creating strong distrust among investors. The Central Bank bought only 20 million dollars and the reserves closed at 29,416 million pesos, 50 million more than on Wednesday.
The official dollar and the blue dollar start the day with the reference price at the close of trading on Thursday.
The official dollars are quoted at $878 for buying and $918 for selling.
The blue dollar is at $1230 to buy and $1250 to sell.
The world of cryptocurrencies has experienced a defining moment following Donald Trump's victory in the…
Although the date is indicated November 29Stores got ahead of Black Friday by launching a…
Rafa Nadal was very clear at Spain's first press conference in Davis Cup Final 2024quote…
This genre is valued in America: coming of age story. Soit le récit du pass,…
Many people have been frequenting Anne Applebaum (Washington DC, 1964) since it won the Pulitzer…
On the occasion of International Lung Cancer Day, the Spanish Society of Primary Care Physicians…