24/06/2026 10:19 - Economia
For international readers: The 'dólar blue' (blue dollar) is Argentina's parallel or unofficial exchange rate for U.S. dollars. It operates outside government controls and reflects true market demand when citizens cannot access dollars through official channels. The term 'blue' reportedly comes from the color of U.S. dollar bills, though some say it refers to the 'black market' euphemistically. This rate is crucial for tourists and locals seeking foreign currency.
| Exchange Type | Sale Rate | Change |
|---|---|---|
| Blue Dollar (Parallel) | $1,505 ARS | +0.7% |
| Official (Bank Nación) | $1,490 ARS | +0.7% |
| Wholesale Rate | $1,471.50 ARS | +0.7% |
| MEP Dollar (Electronic) | $1,504.58 ARS | +1.3% |
| CCL Dollar (Cash Settlement) | $1,554.49 ARS | +1.6% |
| Tourist Card Rate | $1,937 ARS | - |
Why are there so many dollar rates?
Argentina has strict currency controls ('cepo cambiario') that limit access to foreign currency. This creates multiple exchange rates:
Carry trade is an investment strategy popular in Argentina:
Current spread between official and blue dollars is about 70 pesos (4.7%), making this strategy attractive despite risks.
In a day marked by global risk aversion, Argentine ADRs (American Depositary Receipts) traded in New York showed widespread losses:
The S&P Merval (Buenos Aires stock index) fell 2.7% measured in dollars, settling around 2,089 points. Sovereign dollar bonds also closed negative.
According to analyst Salvador Di Stefano: "The dollar has started an upward trajectory, as we had anticipated, heading decisively toward the 1,500 peso zone. World Cup ticket sales plus tourism are increasing dollar demand, and we're moving toward a new equilibrium point that won't be far from inflation trends."
The expert added: "At the end of 2025, the dollar was at 1,457 pesos; 2026 inflation could reach 24% annually - do the math."
Information based on data from the Central Bank of Argentina (BCRA), foreign exchange market quotes, and reports from El Día and El Día Online. All figures reported as of June 23, 2026.
Alfredo S. Quiroga
