2024-09-10 07:59:30
BUENOS AIRES, The price of the parallel dollar in Argentina rose today by 40 pesos, 3 percent, closing at 1,405 pesos per unit, a new historical nominal record.
The so-called “blue dollar» The dollar started July on the rise after closing June with an accumulated increase of 11 percent. In this way, the difference with respect to the values of the US currency in the official market continues to widen.
According to official quotes from the Central Bank of the Argentine Republic (BCRA), the “wholesale” dollar, used mainly in foreign trade operations, ended today’s financial session at 914.50 pesos per unit, so the gap with respect to the parallel market reached 54 percent.
Likewise, the “retail” dollar, authorized for sale to the public, closed the exchange round at 953.75 pesos, so the difference in relation to the “blue” is 47 percent.
In addition to the rise recorded today by the “blue” market, the so-called “financial” or “implicit” dollars, resulting from stock market operations, ended the day on Monday on the rise.
The “MEP” or “Electronic Payment Market” segment closed with an average price of 1,408 pesos per unit, while the “CCL” or “Cash Settlement” segment closed at approximately 1,407 pesos at the end of the day.
Among the reasons given by market analysts for the rise in the parallel dollar in Argentina are the recent economic announcements made by the Government, which prolong the lifting of exchange controls, in addition to the ongoing policy of interest rate reduction by the BCRA.