The official dollar rate in Argentina is quoted at $1405 for purchase and $1425 for sale on February 11, with the blue dollar maintaining a 0% gap from the official rate.
On February 11, the official dollar in Argentina is trading at $1405 for purchases and $1425 for sales in banks. The blue dollar, which refers to the unofficial market exchange rate, is remarkably aligned with the official rate with no gap between them, indicating a unique situation in the Argentine economy. This parity suggests a stabilization in the market following significant fluctuations in previous months. There are various other dollar types in circulation; for example, the tourist dollar, or 'dólar solidario', is priced at $1472.10. This rate includes a 30% surcharge on the official rate and applies when Argentinians buy dollars for savings or making international transactions. The tourist dollar serves as a critical option for individuals looking to travel abroad while navigating significant inflationary pressures locally. Additionally, the wholesale dollar starts the day at $1474.70 for purchases and $1474.80 for sales. The Contado con Liqui (CCL), used by businesses to acquire Argentine securities in local markets, is set at $1472.10. The variances in these dollar types reflect ongoing economic challenges in Argentina, where exchange rate stability is a key focus for policymakers and investors alike.
