The official dollar quoted at $1,420 for selling on Friday April 24, marking an increase from the previous week. The blue dollar also closed at $1,420, up $10. Financial dollars showed similar rises on a day of high trading volume.
The official dollar closed on Friday April 24 at $1,370 for buying and $1,420 for selling at Banco Nación, according to the bank's board. This marks a $30 rise from last week's close and 2% higher than April 17 Friday. In the wholesale segment, the exchange rate ended at $1,399, up $7 from the previous day and the highest since March 13.
The blue dollar quoted at $1,400 for buying and $1,420 for selling, up $10 in the week and ending weeks of calm in the parallel market. Financial dollars also advanced: MEP at $1,437-$1,441.40 (up $26); CCL at $1,494.60-$1,495.80 (up $33); and crypto dollar at $1,486.60-$1,486.70.
Trading volume in the foreign exchange market reached US$954 million, the highest since March 14, 2025, according to Salvador Vitelli of RomanoGroup. Andrés Reschini noted it exceeded US$955 million, with the wholesale rate accumulating a 2.6% weekly increase.
Nicolás Parreira, economist at Asesoría Financiera, attributed the rise to the need for the exchange rate to match inflation and Central Bank measures like lowering rates and easing reserves to 65%, allowing a gradual dollar slide.