:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/grupoclarin/UAP6OGJUMNBJFLWWFH2FHERORU.jpg "How much is it trading at this Monday, March 25, 2024")
The blue dollar is trading this Monday, March 25 in Córdoba at $1,031, the same value as Friday’s close.
In the city of Buenos Aires, the currency is trading at $1,020, with the same trend as in Córdoba.
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On the other hand, this Friday the Central Bank reported the purchase of US$184 million, so reserves reached US$28,035 million.
Historical value of the blue dollar in Córdoba
On Wednesday, January 23, it was quoted at $1,268, its maximum nominal value.
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Price of the blue dollar today in Córdoba
In Córdoba, the blue dollar is trading at $1,003 for purchase and $1,041 for sale.
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Blue and financial dollar quote
BLUE DOLLAR IN CÓRDOBA: $ 1,031 BLUE DOLLAR IN BUENOS AIRES: $ 1,020 OFFICIAL DOLLAR $ 873.50 STOCK DOLLAR $ 1,042.50 CASH WITH LIQUID $ 1,114.20 CRYPT DOLLAR $ 1,096 CARD DOLLAR $ 1,397.60
What are financial dollars: CCL and MEP
Financial dollars are those that can be purchased through financial operations.
On the one hand, the Cashed Dollar with Settlement (CCL), which is obtained by buying bonds in pesos and then selling that bond abroad, in exchange for dollars (an account in another country is needed).
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While the MEP (or Stock Exchange) dollar is the one obtained with bonds in pesos, but in the country.
Currently, companies that need dollars must buy them on the stock market. For the treasury, it is “harmful tax planning.”
What is the blue dollar
The “informal” version of the currency is called the blue dollar. It can be obtained outside the market, in caves and money changers who work without the control of the Central Bank.
Its sale does not have a limit, as the savings dollar does, and it is generally considered a “thermometer” of the political and economic uncertainties that the country is experiencing.
As is known, the blue dollar usually has a higher price in inland cities, such as Córdoba, than in the country’s capital.
Sources familiar with the blue dollar affirm that it is a small market, which it is possible to influence with little money. Thus, in moments of tension, “helping hands” are called upon to lower the price.
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