Argentina’s Dollar Trades at Multiple Rates as Markets Pause
Diverging official, parallel and financial quotes show persistent price gaps and affect how citizens can buy dollars now that banks have reopened online sales.
Overview
- Banco Nación published the official dollar at 1,520 pesos to buy and 1,570 to sell in the latest quotation reported Tuesday.
- BYMA listed the informal dólar blue at 1,535 pesos to buy and 1,555 to sell while La Nación cited a lower blue buy price of 1,508.35 pesos, reflecting timing and source differences in the parallel market.
- Financial-dollar benchmarks closed at higher levels with the MEP at about 1,583.82 pesos and the CCL near 1,661.44 pesos, underlining a gap between market channels.
- Banks have begun allowing dollar purchases through home banking after the removal of the cepo cambiario, which directly changes how households and firms access foreign currency.
- Markets were paused for two bank holidays tied to Pope León XIV’s visit and are expected to reopen with official rates near the last close on Wednesday unless new economic shocks occur.