Dollar Price Update: November 18 Bank Opening – Diario UNO
- Argentina continues to grapple with economic instability,reflected in the volatile exchange rates between the Argentine Peso (ARS) and the US Dollar (USD).
- The disparity between the official and "blue" (parallel) dollar rates remains considerable.
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Argentine Peso Under Pressure: dollar exchange Rates – November 18,2024
Argentina continues to grapple with economic instability,reflected in the volatile exchange rates between the Argentine Peso (ARS) and the US Dollar (USD). recent days have seen important fluctuations in both the official and unofficial (“blue”) dollar markets, impacting citizens and businesses alike. This article provides an overview of the current situation as of November 18, 2024.
Official vs. Blue Dollar Rates
The disparity between the official and “blue” (parallel) dollar rates remains considerable. the official rate is controlled by the government, while the blue dollar reflects market demand and is often significantly higher. This difference creates opportunities for arbitrage but also fuels economic uncertainty.
| Exchange Rate | November 17, 2024 (Approximate) | November 18, 2024 (Opening) | Change |
|---|---|---|---|
| Official Dollar | 365.00 ARS | 365.00 ARS | 0% |
| Blue Dollar | 700.00 ARS | 710.00 ARS | +1.43% |
Note: These rates are approximate and can change rapidly throughout the day. data sourced from