Feb 19 • 10:27 UTC 🇦🇷 Argentina La Nacion (ES)

Official dollar today, blue dollar today: how much does it trade this Thursday, February 19

The article discusses the exchange rates of the official and blue dollar in Argentina as of February 19, 2023.

This article provides an update on the current exchange rates for both the official and blue dollar in Argentina as of February 19, 2023. The blue dollar, which is a parallel market currency, closed at $1435 for sale, while the official dollar was at $1420 for the same transaction. These figures highlight the significant gap that often exists between the two currencies, reflecting the ongoing economic conditions in the country.

The article notes that the blue dollar operates in a highly dynamic market that remains active regardless of time, weekends, or holidays, which contrasts with the more regulated official market. Investors and everyday citizens utilize platforms to access stablecoins and other currencies that can be traded against the dollar, indicating a broader trend of seeking alternative means for conducting transactions in the face of currency volatility.

Overall, the divergence between the official and blue dollar rates underscores the challenges facing Argentina's economy, including inflation and currency devaluation. It also illustrates how the population is adapting to navigate these financial hurdles by turning to alternative financial solutions.

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