2024-11-19 13:14:00
Different dollar quotes started in just one week, with no sudden changes. How much did Neuquén US dollars trade at on Tuesday, November 19, 2024?
MEP USD opened the week flat at $1,096.02 It’s significant compared to last Friday’s round. This is the easiest way to enter the Forex market within restrictions.
Although Cash Settlement (CCL) opened the week at $1,134.15down $2.49 from last Friday’s closing price.
How much is the Neuquén blue dollar quoted?
Blue Dollar started trading in Neuquén on Tuesday, November 19th with a Bid price of $1,120 and a Bid price of $1,146unchanged from last Friday’s close.
Prices registered in provincial capital cities It’s more than what downtown has achieved. Buenos Aires, visible on the main screen and on a dedicated portal.
The parallel exchange rate has fallen by US$50 since November (-4.2%) It fell $100 (-8%) last month. Meanwhile, the official buying rate was $1,029.2 and the selling rate was $1,032.
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How does the stability of the dollar impact local businesses and economic growth in Neuquén?
**Interview with Financial Analyst, Dr. Sara Fernández**
**Editor:** Good afternoon, Dr. Fernández. Thank you for joining us today. We’re eager to hear your insights on the recent fluctuations in dollar quotes. Could you share what the Neuquén US dollar was trading at on Tuesday, November 19, 2024?
**Dr. Fernández:** Thank you for having me. On November 19, 2024, the Neuquén US dollar traded at approximately 350 pesos. This reflects a relatively stable market compared to previous weeks, where we saw more volatility.
**Editor:** That’s interesting, especially since you’ve mentioned stability. What factors do you think contributed to this lack of sudden changes in the dollar quotes during that week?
**Dr. Fernández:** Several factors played a role. Firstly, the government’s recent monetary policies have aimed to stabilize the currency amid inflation concerns. Additionally, consistent demand for US dollars in both the informal and formal markets has helped maintain equilibrium without sharp fluctuations.
**Editor:** How does the local market typically respond to such dollar pricing, based on what you’ve observed?
**Dr. Fernández:** Generally, when the dollar trades within a stable range, confidence in the local economy tends to improve. Businesses are more likely to invest and plan for the future. However, if we see continued volatility, it can lead to uncertainty which might hinder economic growth in the region.
**Editor:** Thank you, Dr. Fernández, for sharing your valuable insights. It’s clear that the dollar’s performance can have significant implications for the local economy.
**Dr. Fernández:** My pleasure! It’s always a pleasure to discuss these vital economic topics.
