Blue dollar soars, but what is it?

2023-04-28 18:00:35

This means that other people have to pay more for US currency, as the government has imposed various fees for its acquisition. In addition to the quota for the purchase of the official dollar.

There is also the savings dollar, in which if an Argentine wants to buy dollars legally, he can purchase up to US$ 200 per month, paying a rate of 75%. It also needs to comply with Central Bank requirements, which already excludes the majority.

If the credit card is used to pay for goods in dollars, it will have the same fees, which we call a dollar card. As long as it is used abroad and spends more than US$ 300, there will be an increase of 25%, which is the tourist dollar.

There is the financial dollar, which can be acquired through the purchase and sale of bonds, used by the most sophisticated companies and investors. And the exchange dollar, which is obtained by buying securities in pesos and then selling them in dollars.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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