Photorealistic image of Buenos Aires traders amid rising dollar rates, official and blue dollar at $1,420 after weekly gain.
Photorealistic image of Buenos Aires traders amid rising dollar rates, official and blue dollar at $1,420 after weekly gain.
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Official and blue dollar close at $1,420 after weekly rise

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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.

लोग क्या कह रहे हैं

Reactions on X to the dollar closing at $1,420 focus on price updates from financial accounts confirming the official and blue rates aligned at that level after a weekly rise. Neutral reports highlight the narrowing gap (down to 0.1%). An economist shared comparative data criticizing increasing debt and labeling the economic plan as fiction, reflecting skeptical sentiment. Overall, discussions are factual with limited diverse opinions.

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Illustration of Dollar Blue rising $10 to $1,430 on April 27, showing traders and exchange screen in Buenos Aires.
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Dollar blue rises $10 and closes at $1.430 on Monday April 27

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The dollar blue closed higher on Monday April 27, rising $10 in the week's first trading session. According to Perfil, it quoted at $1.410 for buying and $1.430 for selling. Other financial dollars also showed variations.

The official retail dollar closed at $1,460 on Friday, June 5, while the wholesale exchange rate rose $3.50 to $1,440.

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The blue dollar ended Friday, June 12 at $1,460 for sale, up $10 from the previous close.

According to the Central Bank's Market Expectations Survey (REM), analysts project a gradual rise in the official exchange rate starting April 2026. The median estimate places the dollar at $1.452 in April, with moderate monthly increases. This adjustment will depend on inflation, economic policies, and external factors.

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The US currency closed lower on Monday in Chile after two sessions of sharp gains. The exchange rate reached $916.50 amid anticipation for the US inflation data.

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