Argentina, March 09 2022: How much the official and its different exchange rates are trading this Wednesday, March 9

The official dollar quote this Wednesday March 09 at $107.72 for the purchase and $115.05 for the sale in the banking entities.

As for the blue dollar, this day is trading at $199.00 for the purchase and $202.00 for the sale. Thus, it marks a gap of 85% with respect to the official dollar. The blue dollar value It has a substantial difference with the official dollar, which is acquired in banks and has an established price.

On the other hand, the tourist dollar (also know as solidarity dollar) is trading at $187.69. This value is the one that is used when buying dollars for savings or carrying out transactions abroad and arises from the sum of 30% of the value of the official dollar of the day.

Another exchange rate is dollar wholesalerwhich starts the day at $199 to buy and $202 to sell.

In relation to counted with liquid (CCL), the reference price is $197.97. The CCL is the operation that allows companies to buy Argentine papers in the local market and sell them abroad in order to turn foreign currency for “hoarding.”

How many types of dollar are there in Argentina

Today in Argentina there are at least six different types of quotes for the US currency, some more used than others.

Savings dollar/card or tourist/solidarity dollar: has the 30% surcharge provided by the Government on purchases made with a card in foreign currency and on the acquisition of foreign currency for hoarding within the official circuit.

blue dollar: it is the ticket that is sold in the informal market, through caves or “little trees” in the street.

Counted with Liqui: It is a legal operation to obtain dollars abroad. It became the preferred path of companies. Argentine securities or shares are bought in pesos and then sold abroad in dollars.

official or retail dollar: is the price that individuals can access but always within the US$200 range established by the stocks.

wholesale dollar: is the one used for foreign trade, the payment of dollarized debts and dividends. Theoretically, it is the one that influences the fixing of the prices of imported products.

Dollar for industry and services: Due to the effect of withholdings, exporters of manufactures and services actually receive a dollar at a lower value than the official one, and much lower than the blue. Within this category, there are different values ​​for those who export meat and dairy products, for wheat, corn and sunflower, and for soybeans.

By Editor

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