Argentina's informal currency market, a key indicator for those seeking foreign currencies outside official channels, witnessed a surge in the blue dollar's value on Wednesday, February 12, 2025. The blue dollar, a term for U.S. dollars traded in the black market, reached $1090.00 for buying and $1210.00 for selling.
This informal rate presents a substantial gap compared to the official exchange rate, which stands at $976.00 for buying and $1016.00 for selling. The disparity reflects ongoing economic tensions and financial uncertainty within the country.
Besides the blue dollar, other exchange mechanisms are also closely monitored, like the MEP dollar, with rates at $1183.00 for buying and $1184.50 for selling. The Brazilian real also sees strong movement in the Argentinian parallel market, with rates at $195,75 for buying and $213,75 for selling.