Feb 24 • 10:41 UTC 🇦🇷 Argentina La Nacion (ES)

Official and blue dollar live: today's quote, Tuesday, February 24

The official dollar's exchange rate is $1390 for sale, while the informal blue dollar is priced at $1420 today in Argentina.

On February 24, the Argentine currency markets show varying rates for the dollar. The official dollar closed yesterday at $1390 for sale, while the blue dollar, which operates in the informal market, is being quoted at $1420 for the same type of transaction. These exchange rates are pivotal in the context of Argentina's ongoing economic instability, where the blue dollar often reflects the true value of the currency in contrast to the regulated official rate.

The article further breaks down various dollar rate types including the Dólar tarjeta priced at $1807 and the Dólar CCL (cash with liquidation) at $1422.28. The Dólar MEP (mercado electrónico de pagos) shows a similar rate of $1416.72. It is important to note that the differences between official and blue dollar rates indicate a wide gap often seen during periods of economic distress, hinting at the public's lack of trust in official data and economic policies.

Additionally, the piece touches on the concept of the 'dólar cripto' which is continuously traded across various platforms without interruption, alongside the traditional dollar. Various options for exchange help to clarify how citizens navigate international and local financial environments amidst a fluctuating economy. Given these dynamics, close monitoring of the dollar's performance is essential for both local businesses and individuals, as it informs daily transactions and planning.

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