Blue dollar today: how much it closed this Wednesday, August 31

Blue dollar today: how much it closed this Wednesday, August 31

Let us remember that this spread had climbed to 160% on July 22, its record in 40 years, when the parallel closed at $338, its nominal maximum.

Blue dollar price in August

During August, the blue dollar fell $6 (-2%) after ending July at $296. Let us remember that in the seventh month of the year, the parallel dollar it had climbed $58 (+24.4%), which represents its biggest monthly advance in the year so far.

Previously, it had increased $31 (+15%) in June, after rising $6.50 (3.2%) in May.

The parallel dollar rose 50 cents in April, and lost $11 in March, its worst performance in 14 months. Last February, it fell $6.50 (-3%), after rising $5 or 2.4% in January.

Price of the blue dollar in the year

So far this year, the informal dollar has advanced $82 (+39%) after closing 2021 at $208.

During the past year, the Dolar blue registered an increase of 25.3% ($42), half of the inflation rate for 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 Dolar blue It 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?

It is not clear the origin of Dolar blue as a denomination for the operation of the ticket in the informal market. 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.

Savings and tourist dollar quote

The savings dollar or solidarity dollar-which includes 30% of the COUNTRY tax and the deductible 35% of Income Tax and Personal Assets- it rose 25 cents to $240.52. During the eighth month of the year, he posted an advance of $12.94 or 5.7%.

For its part, the tourist dollar or card -retailer plus COUNTRY Tax, and a 45% deductible perception of Income Tax and Personal Assets- climbed 25 cents at $255.08. During August, it registered an increase of $13.72 or 5.7%.

More news about the Blue Dollar and the Dollar

The blue dollar cut a streak of three falls in a row: did it find a floor?

The BCRA chained 13 consecutive days without sales: how much did it buy at the beginning of the week

The Vice Minister of Economy ruled out “an imminent devaluation” and attributed the “rumor” to an operation

Source: Ambito

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