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Argentina’s Blue Dollar Jumps to $1,530, Parallel Rates Outpace Official

Fresh end-December quotes highlight persistent gaps between official and informal markets.

Overview

  • The informal dollar trades at $1,510 for buying and $1,530 for selling after a near $50 weekly rise, reaching a two-month high.
  • The wholesale rate holds at $1,452.50 and Banco Nación posts $1,425/$1,475, signaling relative stability in official pricing.
  • Market-based references show moderate spreads, with CCL around $1,527 (gap 5.1%) and MEP near $1,486 (gap 2.3%).
  • Parallel pricing extends beyond the dollar, with the euro blue near $1,780/$1,803 and the real blue at $280.75/$291.75 versus official levels.
  • Alternative channels align with the blue move, including a crypto dollar near $1,532 on Bitso and a tarjeta rate around $1,917.50.