The official dollar mention this Monday 07 November at $ 156.70 for the purchase and $ 165.23 for the sale in the banks.
As for the Dollar blue, this day is trading at $ 285.00 for the purchase and $ 289.00 for the sale. Therefore, it marks an 82% gap against the official dollar. The blue dollar value It has a substantial difference with the official dollar, which is bought in banks and has a set price.
On the other hand, the tourist dollar (also known as solidarity dollar) is trading at $ 287.00. This value is what is used when buying savings dollars or transacting overseas and is derived from the sum of 30% of the official dollar value of the day.
Another exchange rate is dollar wholesalerwhich starts the day with $ 285 for the purchase and $ 289 for the sale.
In relation to counted with liquid (CCL), the reference price is $ 302.60. The CCL is the operation that allows companies to buy Argentine securities on the local market and sell them abroad to transform foreign currency for “hoarding”.
How many kinds of dollars are there in Argentina
Today in Argentina there are at least six different types of quotes for the US currency, some more used than others.
Savings dollar / card or tourist / solidarity dollar: has the 30% increase envisaged by the Government on purchases made by card in foreign currency and on the purchase of foreign currency for hoarding within the official circuit.
Dollar blue: it is the ticket that is sold in the informal market, through caves or “trees” in the street.
Counted with Liqui: It is a legal operation to obtain dollars abroad. It has become the preferred route for companies. Argentine stocks or shares are bought in pesos and then sold abroad in dollars.
official or retail dollar: is the price that individuals can access but always within the range of 200 USD set by the shares.
wholesale dollar: is the one used for foreign trade, the payment of dollarized debts and dividends. Theoretically, it is what influences the pricing of imported products.
Dollar for industry and services: As a result of withholding taxes, exporters of manufactured goods and services actually receive a dollar of less than the official value and much less than blue. Within this category there are different values for those who export meat and dairy products, for wheat, corn and sunflower, and for soy.
Source: Clarin