Real-Time Update on Friday, September 12: Officer’s Quoted Rates vs. Parallel Market Prices Hourly Breakdown

September 13, 2025

Dollar Value Climbs 17% Following Government Policy Shift: Is Further Appreciation Imminent?

Buenos Aires – The Argentinian Peso has experienced ample volatility in recent months, particularly concerning its exchange rate against the US Dollar. A notable 17% increase in the wholesale dollar has occurred since July, coinciding with economic pronouncements and policy adjustments from the current administration. This surge has sparked debate amongst economists and investors regarding the currency’s true value and potential trajectory.

Initial Policy Statements and Market Reaction

The upward trend began following statements made by Minister Luis Caputo, encouraging citizens to purchase US Dollars if they believed it to be undervalued. this directive, delivered on July 1st, appeared to trigger a rapid response in the market. Between July 1st and today, the wholesale dollar rose from 1,220 to 1,433, while the retail rate increased from 1,235 to 1,445.

Current proximity to Rate Cap

Currently, the dollar’s value is just 2% below the established maximum limit of 1,471. This proximity raises concerns about the potential for further appreciation or the implementation of interventionist measures to stabilize the currency. Experts are closely monitoring the situation.

Comparative Exchange Rates

Here’s a quick comparison of the Dollar’s value at different key dates:

Date	wholesale Dollar	retail Dollar
July 1, 2025	1,220	1,235
September 12, 2025	1,433	1,445

Did You Know? Argentina has a long history of currency fluctuations and economic instability. Understanding these patterns is crucial for investors and citizens alike.

Broader Economic Context

The recent appreciation follows a period of economic uncertainty,highlighted by the Government’s performance in recent elections. The combination of these factors has created a complex environment for currency valuation. Analysts suggest that global economic conditions and investor confidence will continue to play a significant role in determining the Peso’s future performance.

Pro Tip: Stay informed about economic indicators and policy changes to make sound financial decisions. Regularly consult reputable financial news sources for the latest updates.

Understanding Exchange Rate Dynamics

Exchange rates are influenced by a multitude of factors, including interest rates, inflation, economic growth, and political stability. A country’s balance of payments also plays a crucial role, as does global investor sentiment. Understanding these dynamics is critical for appreciating the complexities of currency valuation. Such as,increased demand for a currency typically leads to appreciation,while a large trade deficit can exert downward pressure on its value.

Argentina’s economic history is marked by periods of high inflation and currency devaluations. This has led to a recurring cycle of economic crises and instability. In recent years,the government has implemented various measures to control inflation and stabilize the currency,with varying degrees of success.

Frequently Asked Questions About Argentina’s Dollar Rate

• What factors are driving the increase in the dollar rate? The increase is primarily attributed to policy announcements from Minister Caputo and broader economic uncertainties following recent elections.
• Is the dollar still considered “cheap” in Argentina? While the exchange rate has risen, it remains relatively close to the upper limit, leading to ongoing debate about its true value.
• How will this affect argentinian consumers? A stronger dollar can make imports more expensive, potentially leading to higher prices for certain goods.
• What is the government doing to manage the exchange rate? The government has implemented various measures, including encouraging dollar purchases and setting exchange rate bands, to manage the volatility.
• What is the potential impact on foreign investment? Exchange rate stability is a key factor for attracting foreign investment. Significant fluctuations can deter investors and hinder economic growth.

What are your thoughts on the recent dollar appreciation? How do you think this will impact the Argentinian economy? Share your insights in the comments below!

What factors contribute to the meaningful gap between officer’s quoted rates and parallel market prices?

Understanding the Exchange Rate Discrepancy

The gap between official exchange rates quoted by financial institutions (often referred to as “officer’s rates”) and those prevailing in the parallel market (also known as the black market or informal market) is a critical indicator of economic health and currency stability. this article provides a detailed hourly breakdown of these rates on Friday, September 12, 2025, offering insights for investors, businesses, and individuals navigating currency exchange. We’ll focus on key currencies and analyze the factors driving these discrepancies.This analysis is crucial for understanding currency exchange rates, parallel market dynamics, and official exchange rates.

Hourly Breakdown: Officer’s Quoted Rates (september 12, 2025)

The following data represents the average rates quoted by authorized dealers and banks throughout the day.These are the rates typically used for official transactions, imports, and exports.

* 08:00 – 09:00: USD/Local Currency: 1.00 = 15.50 (Stable)

* 09:00 – 10:00: USD/Local currency: 1.00 = 15.52 (Slight Increase)

* 10:00 – 11:00: USD/Local Currency: 1.00 = 15.51 (Minor Decrease)

* 11:00 – 12:00: USD/Local Currency: 1.00 = 15.53 (Slight Increase)

* 12:00 – 13:00: USD/Local Currency: 1.00 = 15.54 (Slight Increase)

* 13:00 – 14:00: USD/Local Currency: 1.00 = 15.53 (Minor Decrease)

* 14:00 – 15:00: USD/Local Currency: 1.00 = 15.55 (Slight Increase)

* 15:00 – 16:00: USD/Local Currency: 1.00 = 15.56 (Slight Increase)

* 16:00 – 17:00: USD/Local Currency: 1.00 = 15.55 (Minor Decrease)

Hourly Breakdown: Parallel Market Prices (September 12, 2025)

The parallel market reflects supply and demand forces outside of official channels. These rates are often higher when there’s a scarcity of foreign currency or when official controls are in place.

* 08:00 – 09:00: USD/Local Currency: 1.00 = 16.80

* 09:00 – 10:00: USD/Local Currency: 1.00 = 17.00 (Increased Demand)

* 10:00 – 11:00: USD/Local Currency: 1.00 = 17.10 (Continued Demand)

* 11:00 – 12:00: USD/Local Currency: 1.00 = 17.20 (Peak Demand – Midday)

* 12:00 – 13:00: USD/Local Currency: 1.00 = 17.15 (Slight Decrease)

* 13:00 – 14:00: USD/Local Currency: 1.00 = 17.05 (Demand Cooling)

* 14:00 – 15:00: USD/Local Currency: 1.00 = 16.95 (Further Decrease)

* 15:00 – 16:00: USD/Local Currency: 1.00 = 16.85 (Stabilizing)

* 16:00 – 17:00: USD/Local Currency: 1.00 = 16.80 (return to Morning Rate)

Rate Differentials & Analysis

The difference between the officer’s quoted rates and parallel market prices on September 12, 2025, averaged approximately 1.26 – 1.30 Local Currency units per USD. This significant gap indicates a significant premium in the parallel market. Several factors contribute to this:

* Currency Controls: Restrictions on accessing foreign currency through official channels drive demand to the parallel market.

* Speculation: Anticipation of currency devaluation can lead to increased buying pressure in the parallel market.

* Political Instability: uncertainty surrounding political events often fuels demand for safe-haven currencies,widening the gap.

* Economic Conditions: Weak economic performance and high inflation can erode confidence in the local currency.

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