He official dollar quote this Friday 29 March at $836 for buying and $876 for selling in banks.
As for the Blue dollar, today it trades at $990 for buying and $1010 for selling. This is therefore a gap of 18% 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 $1401.60. 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.
Another exchange rate is wholesale dollarwhich starts the day at $990 for buying and $1010 for selling.
In relation to Contacted with liquid (CCL), the reference price is $1048.90. 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% surcharge 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 stocks or shares are purchased in pesos and then sold abroad in 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 different values for those who export meat and dairy products, for wheat, corn and sunflower and for soybeans.
Source: Clarin
