The article reports on the exchange rates for different types of dollars in Argentina on February 16, emphasizing that due to the Carnival holiday, the rates remained unchanged from the previous business day.
On February 16, the article discusses the exchange rates of the official and blue dollar in Argentina, highlighting that the quotes remained stable due to the Carnival holiday. The official dollar is quoted at 1,370 pesos for buying and 1,420 pesos for selling. In comparison, the blue dollar, an informal exchange rate often used by Argentinians, shows slightly higher rates, with a buying price of 1,420 pesos and a selling price of 1,440 pesos.
The report also details other dollar-related rates including the dollar for card purchases, CCL (Cash with Liquidation), and MEP (Mercado Electrónico de Pagos). It notes that dollar card sales stand at 1,846 pesos, while CCL and MEP dollars are priced at 1,485.34 pesos and 1,425.10 pesos respectively. The stability of these exchange rates reflects the impact of the government’s regulations and the holiday period on the currency market.
Furthermore, the article highlights a recent decree from the Central Bank (BCRA) that restricts individuals who purchase official dollars from engaging in trades with financial dollars like MEP and CCL for a period of 90 days. This regulation aims to control currency speculation and stabilize the market amid ongoing economic challenges in Argentina, particularly concerning inflation and the depreciation of the peso.
