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Argentina’s Dollar Market Splinters: Blue Near ARS1,475 as MEP and CCL Top ARS1,540

Fresh Oct. 9 quotations show distinct pricing across legal, informal, taxed channels, underscoring persistent market fragmentation.

Overview

  • The official retail dollar posted by Banco Nación stands at ARS1,405 for buying and ARS1,455 for selling, with the wholesale rate around ARS1,430.
  • The informal dólar blue trades at ARS1,455/1,475, according to BYMA data, holding a premium over the official reference.
  • Financial quotes run higher: MEP around ARS1,525–1,533 and CCL near ARS1,542.8–1,548.1, while crypto dollar references hover roughly ARS1,513–1,542.
  • Taxed retail channels price far above other segments, with the dólar tarjeta and dólar ahorro around ARS1,891.50.
  • Regional and cross-currency splits persist, with Córdoba’s blue near ARS1,490 versus ARS1,475 in Buenos Aires, euro official at ARS1,610/1,710 versus euro blue about ARS1,692/1,715, and Clarín noting roughly a 14% gap between the real blue and the official real.