On Friday, July 24, the official Argentine peso-dollar exchange rate stood at 1,489 pesos per dollar for sales, according to the wholesale market. The euro was quoted at 1,680 pesos for purchase and 1,740 pesos for sale. Earlier in the day, on Thursday, July 23, the retail dollar closed at 1,510 pesos for sales, while the parallel dollar, known as the blue dollar, ended at 1,550 pesos for sales. These figures reflect the ongoing disparity between the officially regulated exchange rates and the more fluid, informal market prices. The official dollar operates through two channels managed by the Central Bank of Argentina (BCRA): the retail rate, which serves as a reference point for other currency calculations, and the wholesale rate, used primarily in international trade transactions. The blue dollar, however, functions outside government oversight and represents the most common means for Argentinians to access U.S. dollars, despite its unofficial status. This divergence has persisted due to economic pressures and limited availability of foreign currency through formal channels. On Wednesday, July 29, the blue dollar opened at 1,550 pesos for purchases and 1,570 pesos for sales. Meanwhile, the official dollar opened at 1,470 pesos for purchases and 1,520 pesos for sales, according to the National Bank of Argentina (BNA). Other alternative exchange rates also showed distinct movements. The MEP dollar, often referred to as the stock exchange dollar, began the day at 1,529.30 pesos for purchases and 1,532.50 pesos for sales. The CCL dollar, which includes a swap component, opened at 1,593.20 pesos for purchases and 1,595.90 pesos for sales. The dollar card rate, used for international purchases and services, started at 1,976 pesos for sales. In contrast, the crypto dollar, traded continuously via cryptocurrency exchanges, opened at 1,594.62 pesos for purchases and 1,597.03 pesos for sales. These variations highlight the complexity of the Argentine foreign exchange landscape, where multiple rates coexist based on different financial instruments and regulatory frameworks. The existence of these multiple exchange rates stems from historical economic policies aimed at controlling inflation and managing foreign reserves. The official rate is set by the BCRA and is subject to periodic adjustments based on macroeconomic conditions. However, the blue dollar has gained prominence as a result of supply constraints and demand dynamics in the informal economy. This situation has led to persistent discrepancies between the official and parallel markets, with the latter often reflecting greater volatility and responsiveness to immediate economic factors. The difference between the official and blue dollar rates has significant implications for individuals and businesses. Those relying on the official rate face limitations in accessing foreign currency for essential imports and international transactions. Conversely, participants in the informal market must navigate higher risks and potential legal consequences associated with operating outside regulated channels. The presence of alternative rates such as the dollar card and crypto dollar further complicates the picture, offering additional avenues for accessing foreign currency albeit under different terms and conditions. As of the latest data available, the official dollar continues to serve as the primary benchmark for financial transactions within Argentina. However, the blue dollar remains a critical factor in daily economic activity, particularly among those seeking to acquire foreign currency beyond the reach of formal banking systems. The continued divergence between these rates underscores the challenges faced by policymakers in maintaining stability within the country's complex monetary framework. The official dollar rate for sales on Friday, July 24, was recorded at 1,489 pesos.
6 reports
La NaciónIndependent🔒CenterFactual 95Objective 957 days agoThe article provides information on various types of dollars in Argentina, including the official dollar, blue dollar (parallel market), card dollar, and crypto dollar. It outlines their definitions, functions, and differences. The official dollar rate for Thursday, July 23, was $1510 for sale at Banco Nación. The blue dollar closed at $1550 for the same operation. The article explains how different dollar types are used in daily transactions and international commerce, highlighting the distinction between regulated and unregulated markets.
Bias read (Center): The article presents factual economic data and explanations about different currency types without overtly favoring any political ideology. It remains neutral by providing objective descriptions of financial instruments and their roles in the economy, without taking a clear stance on policy or party
Why factuality (95): The article provides specific exchange rates for various types of dollars including official, blue, and majorist, with clear dates and figures. The information aligns closely with the cross-source consensus from other articles reporting similar data for different days.
Why objectivity (95): The article presents the information in a neutral manner, focusing on factual details without apparent bias or emotional language.
PerfilIndependentCenterFactual 94Objective 9411 days agoThe article provides exchange rate information for various types of dollars in Argentina on July 20. The blue dollar closed at $1,500 for purchase and $1,520 for sale. The official dollar (dólar oficial) closed at $1,455 for purchase and $1,505 for sale according to the Banco de la Nación Argentina. The MEP dollar (dólar bolsa) was quoted at $1,510.50 for purchase and $1,514.10 for sale. The CCL dollar (contado con liquidación) was at $1,559.40 for purchase and $1,560 for sale. The card dollar (tarjeta) was at $1,950. The crypto dollar operated at $1,554.17 for purchase and $1,556.96 for sale. Additionally, the U.S. imposed new tariffs on Brazil under Trump’s administration, affecting exports worth $11.2 billion. The country risk indicator (riesgo país) stood at 411 basis points.
Bias read (Center): The article presents factual economic data without overt ideological framing. It reports on multiple currency rates and includes international trade-related information, but does not take a clear stance on any political issue. The tone remains neutral and informative.
Why factuality (94): The article provides specific exchange rates for the official and blue dollar in Córdoba on July 20, matching the broader consensus seen in other articles.
Why objectivity (94): The article remains neutral in tone, simply stating the facts without introducing bias or emotional content.
PerfilIndependentCenterFactual 92Objective 928 days ago How much did the blue dollar open today, Thursday, July 23rd?The article reports exchange rates for various types of U.S. dollars in Argentina on July 23. The 'blue dollar' opened at $1,535 for purchase and $1,555 for sale. The official dollar opened at $1,455 for purchase and $1,505 for sale according to the Banco de la Nación Argentina (BNA). The MEP dollar closed at $1,510.70 for purchase and $1,512.70 for sale. The CCL dollar opened at $1,571.70 for purchase and $1,572.40 for sale. The 'card dollar' opened at $1,956.50 as a reference rate. The crypto dollar operated at $1,569.78 for purchase and $1,572.04 for sale. Additionally, the country risk index fell to 410 points due to improved creditworthiness and a rise in sovereign bonds.
Bias read (Center): The article provides factual exchange rate data without any apparent ideological framing or emphasis on political aspects. It focuses purely on economic indicators and does not present opinions or biased interpretations.
Why factuality (92): The article provides opening prices for multiple types of dollars on July 23, with specific figures that match the broader consensus found in other articles.
Why objectivity (92): The article remains objective, offering factual updates without injecting personal opinion or biased language.
PerfilIndependentCenterFactual 90Objective 907 days ago The blue dollar closed lower this Thursday, July 23rd and the Central Bank bought dollars again.The Argentine peso blue closed lower on Thursday, July 23, as the central bank continued purchasing dollars. The central bank bought 45 million dollars in the foreign exchange market, while international reserves decreased by 352 million dollars, ending at 48.684 billion. The blue dollar fell by $5 compared to the previous day’s close, closing at $1.550 for sale and $1.530 for purchase, representing a 0.33% decline. Other currency rates, such as the MEP, Contado con Liquidación, and crypto dollar, showed varying levels of fluctuation. The official dollar remained stable at $1.510 for sale and $1.460 for purchase.
Bias read (Center): The article presents factual economic data regarding currency fluctuations and central bank actions without overt ideological framing. It reports on multiple exchange rates and provides balanced information without emphasizing any particular political agenda or perspective.
Why factuality (90): The article reports on the closing values of the blue dollar and other financial indicators with specific numbers and dates. While slightly less detailed than some sources, it generally agrees with the cross-source consensus.
Why objectivity (90): The article maintains a neutral tone, presenting facts without overt bias or subjective commentary.
PerfilIndependentCenterFactual 88Objective 8810 days ago The official dollar remains stable and the market operates at a low in the start of the weekThe official exchange rate for the Argentine peso remained stable at $1.450 for purchase and $1.500 for sale on Monday, July 20, maintaining its upward trend from recent weeks. Meanwhile, most Argentine assets traded lower on Wall Street, with major stocks and ADRs showing negative performance. The country risk index stood near 400 basis points. The dollar blue maintained its value at $1.510 for purchase and $1.530 for sale, while the MEP and CCL rates showed slight declines. In local markets, the S&P Merval index fell slightly, with leading stocks like Sociedad Comercial del Plata and Cresud experiencing notable losses. However, some companies such as Mercado Libre and Pampa Energía saw modest gains. The Central Bank of Argentina (BCRA) purchased $39 million in foreign currency last Friday, bringing the annual total to $12.619 billion. International reserves increased by $253 million during the week.
Bias read (Center): The article provides factual economic data and market performance without overtly favoring any political stance or ideology. It reports on exchange rates, stock performances, and central bank activities in a neutral manner.
Why factuality (88): The article discusses the performance of the official and blue dollar on July 20, providing relevant figures that align with the overall consensus but lacks some specificity compared to other sources.
Why objectivity (88): The article maintains a neutral stance, discussing market movements without showing favoritism or emotional language.
PerfilIndependentCenter2 days ago How much did the blue dollar open today, Wednesday, July 29th?The article provides exchange rate information for various currencies in Argentina on Wednesday, July 29. The 'dólar blue' opened at $1,550 for purchase and $1,570 for sale. The official dollar (dólar oficial) opened at $1,470 for purchase and $1,520 for sale according to the Banco de la Nación Argentina. The Central Bank did not buy dollars for the first time this year despite requests from Georgieva. The 'dólar MEP' opened at $1,529.30 for purchase and $1,532.50 for sale. The 'dólar contado con liquidación (CCL)' opened at $1,593.20 for purchase and $1,595.90 for sale. Visa announced a 7% reduction in its workforce to improve efficiency. The 'dólar tarjeta' opened at $1,976. The 'dólar cripto' opened at $1,594.62 for purchase and $1,597.03 for sale. The risk country indicator by JP Morgan was at 441 basis points.
Bias read (Center): The article presents factual economic data regarding currency rates and related financial indicators without overt ideological framing. It reports on market values, official figures, and corporate actions without apparent bias toward any political faction. While economic topics can be politically-ch
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