Blue dollar and official dollar quote
| Purchase | sale | |
|---|---|---|
| Blue Dollar | $211,00 | $215,00 |
| Official dollar | $105,49 | $111,49 |
The blue dollar quotes this day 99.13% above the official. Quote a for purchase $211.00 and $215.00 for sale. The value of the foreign currency on the official market is $105.49 and $111.49.
In relation to the last business day, blue continues with a stable trend since the values were: $210.00 for the purchase and $214.00 for the sale.
What is the blue dollar?
Blue Dollar is the dollar that is obtained on the black market or parallel market. In Argentina euphemisms are used to refer to this dollar and it is called in addition to blue, parallel dollar or black dollar. This dollar is not bought in banks or official exchange houses, but is marketed in “caves “or sold by traditional” arbolitos” in main streets of downtown. The price of the blue dollar is generally higher than the official dollar and the gap usually increases as exchange control increases or restrictions on buying dollars at the official price increase. The blue dollar market is insignificant in amount compared to the rest of the foreign exchange trades. It has, fundamentally, influence on the generation of social and economic expectations regarding a possible strong devaluation. It is a variable used to generate scenarios of political and financial instability.
Dollar counted with liqui or dollar fuga
It arises from the value of the dollar that companies and wholesale buyers are willing to pay through the operation known as”counted with liquidation”. In this operation, shares of Argentine companies or public securities listed on the New York Stock Exchange are bought in pesos and sold in that market. Thus, they get dollars bills free of official restrictions, abroad of course, at a price much higher than the official price.
