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Dollar today: how much is the official price quoted and its different exchange rates this Monday 8 January

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He official dollar quote this Monday 8 January at $792 for buying and $832 for selling in banks.

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As for the Blue dollar, today it is trading at $1005 for buying and $1025 for selling. This is therefore a gap of 27% compared to the official dollar. He value of the blue dollar It has a substantial difference with the official dollar, which is purchased in banks and which has a set price.

On the other hand, the tourist dollar (also known as solidarity dollar) is trading at $1060. This value is the one used when buying dollars to save or making transactions abroad and derives from the sum of 30% to the value of the official dollar of the day.

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Another exchange rate is wholesale dollarwhich starts the day at $1005 for buying and $1025 for selling.

In relation to Contacted with liquid (CCL), the reference price is $1119.80. The CCL is the operation that allows companies to purchase Argentine paper on the local market and sell it abroad to transfer foreign currency for “hoarding”.

How many types of dollars are there in Argentina

Today in Argentina there are at least six different types of US currency quotes, some more used, others less.

Dollar/savings card or tourist/solidarity dollar: the 30% increase established by the Government applies on purchases made with cards in foreign currency and on the purchase of foreign currency to be hoarded within the official circuit.

Blue dollar: It is the ticket that is sold in the informal market, through the caves or the “trees” on the street.

Contacted with Liqui: it is a legal operation to obtain dollars abroad. It has become the preferred route for companies. Argentine titles or stocks are bought in pesos and they are often sold outdoors for dollars.

Official or retail dollar: It is the price that individuals can access but always within the $200 limit set by the shares.

Wholesale dollar: It is used for foreign trade, the payment of debts in dollars and dividends. In theory, it is what influences pricing for imported products.

Dollar for industry and services: Due to the effect of withholdings, exporters of manufactured goods and services actually receive a dollar at a value lower than the official one and much lower than the blue one. Within this category, there are distinct values ​​for those who export meat and milk, for weed, corn and sunflower and for soya.

Source: Clarin

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