The black market in Argentina is no secret. The constant decisions on tax matters have had a negative impact on the purchasing power of all citizens, which is why they are inclined to obtain a foreign currency, the dollarfor example, as a basis for savings and investment rather than doing it in the national currency: the peso.
Source: (Fada Foundation).
For decades, the dollar It has established itself as the main axis of the financial and economic panorama of our country. This is confirmed by the daily supervision of people on the stock market movement of other currencies, especially the North American and specifically the movement of the blue dollar.
Used as a euphemism, the word blue It is used in the English language to replace an expression that is not very diplomatic or subtle with a more socially accepted one. The dollar black or illegal is, then, the dollar blue.
Value of the dollar on June 21
The official value of the american currency it is positioned at 121.95 for the purchase and 129 pesos for the sale on average. The price of blue it was 217 and 220 pesos; these last two did not change any of their values in relation to yesterday. The stock dollar is at 233.20 pesos for purchase and 233.49 for sale, while the solidarity dollar stood at 212.02 pesos.
On the second business day of the week, the market remains stable. If the price of blue and the official exchange rate (on average) are taken into account, the current exchange rate gap is around 72%, 13% less than yesterday.