Thus, the The difference between the blue dollar and the official wholesale exchange rate is 76.6%.
Despite the jump this Monday, the informal dollar is currently operating at a significant margin compared to the financial dollar, which rose to $ 230 in the case of the MEP and to $ 236 in the case of the CCL.
“The big difference between the blues and the financiers is explained by the ‘black’ bills. Beyond the rise this Monday, the supply of the parallel continues and the demand is limited because there is not so much peso on the street “, commented a market operator scope.
For his part, a financial analyst was of the opinion that “Blue is a different market that can and usually accompanies financial dollars with delays, as they are the main compass and those most often used by the biggest and fastest hands when it comes to rebalancing portfolios.”
Last week, the parallel dollar registered its biggest rise in a month and a half, accumulating between last Monday and Friday increase to $ 5, driven by the strong progress shown by financial dollars in recent days.
The maximum price of the informal dollar so far this year was registered at the end of January, when it traded above $ 223, before the announcement of an agreement with the International Monetary Fund (IMF) to refinance debt.
The price of blue dollars in June
In June, the blue dollar rose $ 9, its biggest monthly advance of the year since ending in May at $ 207.
Recall that last month the informal dollar rose by 6.50 dollars or 3.2%, although it was below inflation (below 5%) and the increase in the official exchange rate (+ 4.2%).
The parallel dollar rose 50 cents in April to $ 11 in March, its worst performance in 14 months. It fell $ 6.50 (-3%) last February after rising $ 5 or 2.4% in January.
Blue dollar during the year
so far this year, The informal dollar rose by $ 8 after closing in 2021 at $ 208.
Last year, the blue dollar grew by 25.3% ($ 42), half compared to inflation for the period (50.9%). However, it is worth recalling that in 2020 it showed a sharp jump of 111% (compared to 36% inflation).
What is the blue dollar?
The value of the blue dollar differs significantly from the official dollar, which is acquired in banks and has a fixed price. Its sale is on the informal market, without regulations or restrictions, and for this reason it is usually operated at a value higher than the official dollar.
Why is it called the blue dollar?
The origin of the blue dollar as a denomination for the functioning of the banknote in the informal market is unclear. But there are theories.
The explanation of its name shows that it is called so because in English “blue”, in addition to calling the color blue, refers to something “dark”.
Another theory links it to purchases through bonds or stocks of companies known as “blue chips.” They also associate it with the approximate color that appears when a fibron is applied to detect counterfeit banknotes.
Price of savings or the tourist dollar
The savings dollar or the solidarity dollar -Retail plus tax- rose by an average of 84 cents to $ 210.54.
More news about the blue dollar and the dollar
The city’s “gurus”: the list of Argentine economists awarded for their forecasts for the dollar and inflation
The measure requested by Juan Carlos De Pablo to lower the blue dollar to 20 cents