USD in Córdoba today: how much it was trading on Wednesday, October 16

USD in Córdoba today: how much it was trading on Wednesday, October 16

2024-10-16 10:30:00

he blue dollar Available in Córdoba on Wednesday, October 16 $1.248the same price as Tuesday’s close, up $46 on the day.

exist City Buenos Aires, parallel currencies maintain same trend, trading prices $1.235.

What is new, however, is the official dollar price, according to the National Bank: Priced at $1,000, Same as the previous day. Therefore, the gap to the parallel line is much closer (22.5%) blue 17.5% compared to CCL), especially blue.

After the peso devalued last December, the central bank announced that from now on, The exchange rate is adjusted monthly, with a depreciation rate of approximately 2%. This periodic exchange update mechanism is called crawling pinned In recent decades, Latin American countries have implemented them one after another. The objective of the system is to mitigate possible shocks and their subsequent transfer to prices or avoid exchange rate delays.

dollar quote blue hoy In Cordoba

dollars in cordoba blue Quoted from Buy for $1,219, sell for $1,248.

The historical value of the Cordoba blue dollar

he Friday, July 12 The parallel currency rose to $1,515 in Córdoba and $1,500 in Buenos Aires, creating new historical denominations.

Blue and financial dollar quote

  • Córdoba Blue Coin: $1,248
  • Buenos Aires blue dollar: $1,225
  • Official USD $1,000
  • USD wallet $1,140.20
  • Liquid Cash $1,178.80
  • CryptoUSD $1,195
  • USD Card$1,600

What are financial dollars: CCL and MEP

Financial dollars refer to dollars that can be purchased through financial operations.

On the one hand, cash-settled dollars (CCL) are obtained by buying a bond in pesos and then selling the bond abroad in exchange for dollars (requiring an account in another country).

although MEP (or stock market) dollars are dollars obtained through peso bondsbut at home.

Currently, companies that need U.S. dollars must buy them on the stock market. For the Treasury, this is “harmful tax planning”.

what is dollar blue

it’s called a dollar blue to the “unofficial” version of currency. It can be obtained outside the market, in caves and money changers that are not controlled by central banks.

Its sales are not subject to the same restrictions as savings dollars and is often considered a “thermometer” of the political and economic uncertainty the country is experiencing.

As we all know, the U.S. dollar blue Prices in inland cities such as Córdoba are generally higher than in the capital.

dollar knowledge source blue They claim it’s a small market and can be impacted with very little money. Therefore, in times of stress, a “helping hand” is needed to lower prices.

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