Buenos Aires – The blue dollar in Argentina is trading at $1,405 for purchase and $1,425 for sale as of monday, November 10, according to a survey by Scope. This comes as the market closely monitors signals from the government regarding exchange rate bands.
Argentines routinely track multiple dollar exchange rates due to complex capital controls and a history of currency instability. These rates – including the blue dollar (unofficial, black market), CCL (Cash with Liquidation), MEP (Market Electronic Payment), the tourist dollar (official rate plus surcharge), and the crypto dollar – offer varying access to US currency and reflect differing levels of risk and demand. The discrepancies between these rates and the official exchange rate highlight the ongoing economic pressures in the contry.
Here’s a breakdown of the key dollar rates as of November 10:
* CCL Dollar: $1,477.76 (4% gap with the official dollar)
* MEP Dollar: $1,454.50 (2.4% gap with the official dollar)
* Dollar Card/Tourist Dollar: $1,878.50
* Crypto Dollar (Bitcoin): $1,464 (according to Name)
* Bitcoin: u$s105,510 (according to Binance)
