The official dollar is quoted at $1375 for buying and $1425 for selling on March 6, 2023, while the blue dollar is at $1380 for buying and $1400 for selling.
On March 6, 2023, the official dollar exchange rate in Argentina is set at $1375 for purchase and $1425 for sale in banking institutions. This day also sees the blue dollar, which is crucial in the parallel market, quoted at $1380 for purchase and $1400 for sale, reflecting a 0% gap with the official dollar. The blue dollar differs significantly from the official rate, which is regulated and stable as set by banks.
Additionally, the tourist dollar, often referred to as the solidarity dollar, is quoted at $1852.50. This rate applies to individuals purchasing dollars for savings or making transactions abroad and incorporates an additional 30% over the day's official dollar rate. Such measures in the currency market are indicative of Argentina's ongoing economic challenges and reliance on varying exchange rates to manage inflation and capital flight.
The wholesale dollar starts the day at $1473.90 for purchasing and $1474 for sale, while the Contado con Liqui (CCL) rate shows a reference price of $1474.40. The CCL mechanism allows companies to acquire Argentine assets locally before selling them internationally, thereby highlighting the complexities of Argentina's monetary policy and the various ways citizens and businesses navigate the currency landscape, often driven by economic instability and regulatory measures.
