On January 27, 2025, Argentina's blue dollar reached a value of $1240 for sale in the informal currency market, reflecting significant economic pressures. The official dollar rate stands at $1016 for sale, indicating a substantial gap.
The blue dollar, a crucial reference for many seeking to access foreign currency amidst strict exchange controls, is currently priced at $1220 for purchase. This disparity highlights ongoing financial uncertainty in the country.
Additionally, the MEP dollar, which allows for dollar purchases through local bond transactions, is quoted at $1129.80 for sale. Investors are also closely monitoring the Brazilian real, which is trading at $216.75 for sale in the Argentine parallel market.
The real's strength is attributed to robust trade relations and tourism between Argentina and Brazil, further underscoring the complexities of the regional currency dynamics.