Despite the fact that the peso is the currency used by the population of Argentina when it comes to shopping, the dollar It has been established for decades as the main financial and economic parameter of the country.
And how is this statement confirmed? Because day after day, people are informed about the stock market movement of this currency, and the products and services are modified according to the exchange movement, especially that of the dollar blue.
Blue it is used as a euphemism in the Anglo-Saxon language, that is, it is a resource that seeks to replace an expression that is considered too frank; try to replace what is considered “bad taste” with a softer expression. Therefore, at dollar that belongs to the black or illegal market, is called blue.
The population has two compelling reasons for approaching the blue dollar: first, because it represents savings in the face of the constant devaluation of the peso and, second, because it avoids the tax pressure that the State has added and that, despite criticism, has increased .
Value of the dollar on June 21
The official value of the american currency it is positioned at 121.89 pesos for the purchase and 129 pesos for the sale on average. The price of the blue was 217 and 220 pesos. The stock dollar is positioned at 231.56 pesos for purchase and 232.04 for sale, while the solidarity dollar stood at 211.61 pesos.
On the first trading day of the week, the market is trading lower with one blue dollar holding below $220. If the price of the blue dollar is taken into account -which is the reference price as explained above- and the average official exchange rate, the current gap would be around 85%.