Look at how much the dollar, blue dollar, savings dollar, tourist dollar, MEP dollar, CCL dollar, and the crypto dollar traded in Argentina.

With the boost of the soybean dollar and the special exchange rate of $200 per dollar for the oilseed export sector, the Central Bank bought US$185 million this Friday, September 23, accumulated US$1.16 billion and more during the week of US$3.3 billion in the month, according to official sources.

In this framework, the sources added that for operations with the program that recognizes 200 pesos to soybean exporters, US$331 million were settled at the wheel.

Meanwhile, the dollar today -without taxes- rose this Friday, September 23, 60 cents to $152.24 for sale, according to the average that arises from the banks of the local financial system. At Banco Nación, meanwhile, the retail ticket gained 25 cents to $151.25 – without taxes.

Savings Dollar Quote

The savings dollar or solidarity dollar -which includes 30% of the COUNTRY tax and the deductible 35% of Income and Personal Property Tax- advanced 73 cents to $251.20.

Price of the Tourist Dollar

The tourist dollar or card -retailer plus COUNTRY Tax, and a perception of 45% deductible from Income Tax and Personal Assets- gained $1.05 to $266.42. Thus, the gap with the blue was almost $21.

Wholesale Dollar Quote

The wholesale dollar, which is directly regulated by the BCRA, increased this Friday 28 cents to $145.44. The volume operated in the cash segment was US$667,090 million.

“In the week that has just ended, the wholesale exchange rate advanced $1.92, below the $2.14 increase recorded in the previous week. The strategy of updating the values ​​of the dollar in the wholesale tranche led to a drop in the rate of adjustment for two consecutive weeks, temporarily abandoning the acceleration exhibited at the beginning of the month”, highlighted Gustavo Quintana, operator of PR Corredores de Cambios.

CCL Dollar Quote

The Dollar Cash Settlement (CCL) -operated with the Global 2030- traded unchanged at $312.23, a new maximum in almost two months. The gap with the wholesale official exchange rate thus reached 114.7%.

MEP Dollar Quote

The MEP dollar -valued with the Global 2030- fell 0.1% to $301.82 Thus, the spread with the official reached 107.5%.

Blue Dollar Quote

The blue dollar rose by $2 and was sold at $287, according to a survey by Ámbito en el Mercado Negro de Currencies. Meanwhile, the gap with the official dollar stands at 97.3%.

Crypto Dollar Quote

 The crypto dollar or Bitcoin dollar gains 0.7% to $307.04, according to the average among local exchanges reported by Coinmonitor.

Although the US dollar is only one, in Argentina there are currently several exchange rates linked to this currency, due to the country’s persistent exchange rate instability and the strict restrictions in force.

One of them is the so-called crypto dollar, a digital dollar that basically works as a reservoir in dollars through cryptocurrencies, which represent savings units whose main characteristic is that the control of their transactions is decentralized.

The crypto dollar, being unregulated, offers a more speculative and riskier option, but for that reason, it is no less attractive for those who want to get away from the formal market and enter a world of uncertainty, volatility, and profit prospects without the intervention of others.

By Audy Castaneda

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