In this way, the exchange gap with the wholesale official exchange rate rose to 81.9%.
With this new development, the informal dollar narrowed the gap that it still maintains against the financial dollars, which operated this Friday between $230 and $235.
Blue dollar price in June
So far in June, the blue dollar rises $19, which represents its biggest monthly advance in the year, after ending May at $207.
Let us remember that last month, the informal dollar rose $6.50 or 3.2%, although it was below inflation (a floor of 5% is estimated), and the increase in the official exchange rate (+4.2% ).
The parallel dollar rose 50 cents in April, and dropped $11 in March, its worst performance in 14 months. Last February, it fell $6.50 (-3%), after rising $5 or 2.4% in January.
Blue dollar in the year
So far this year, the informal dollar has advanced $18, after closing 2021 at $208.
During the past year, the blue dollar registered a rise of 25.3% ($42), half compared to the inflation of the period (50.9%). However, it is worth remembering that in 2020 it had shown a sharp jump of 111% (compared to 36% inflation).
What is the blue dollar?
The value of the blue dollar has a substantial difference with the official dollar, which is acquired in banks and has an established price. Its sale is in the informal market, without regulations or limits, and for this reason it is generally operated at a value greater than the official dollar.
Why is it called the blue dollar?
The origin of the blue dollar as a denomination for the operation of the banknote in the informal market is not clear. But there are theories.
An explanation of its name indicates that it is so called because in English, “blue”, in addition to naming the color blue, refers to something “dark”.
Another theory relates it to purchase operations through bonds or shares of companies known as “blue chips”. They also link it to the approximate color that appears when a fibron is applied to detect counterfeit bills.
Price of the savings or tourist dollar
The savings dollar or solidarity dollar -retail plus tax- increased seven cents to $213.10 on average.
More news about the Blue Dollar and the Dollar
Dollar: what price do analysts forecast for the second half
The “gurus” of the city: the list of Argentine economists awarded for their forecasts on the dollar and inflation
The measure requested by Juan Carlos De Pablo to lower the blue dollar to 20 cents
Source: Ambito
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