Blue dollar today in Córdoba: homeless, how much did it close this Wednesday, January 25

The dollar blue closed in Cordoba at 380 pesos for the purchase and 387 for the sale, two pesos more than the closing value of Tuesday. The parallel currency thus marked a new all-time high.

So far in January the currency had a stampede of more than 30 pesos. In the city of Buenos Aires, the bill was quoted at 384 pesos for sale.

Massa’s ad and the dollars

Last Wednesday the Minister of Economy Sergio Massa announced a “Argentine external debt repurchase process for more than one billion dollars”.

This move pushed the blue dollar back slightly on Wednesday, but already on Thursday of last week the measure did not have the expected impact.

Price of the blue dollar in Córdoba

In Córdoba, the dollar blue It was quoted at 380 pesos for the purchase and 387 pesos for the sale.

Dollar exchange rate

  • DOLLAR BAG $ 354.25

What are financial dollars: CCL and MEP

Financial dollars are those that can be purchased through financial operations.

On the one hand, the dollar Cash with Liquidation (CCL), which is what is obtained by buying bonds in pesos and then selling that bond abroad, in exchange for dollars (an account in another country is needed).

While the MEP (or Stock Market) dollar is the one that is obtained with bonds in pesos, but in the country.

Currently, companies that need dollars must buy them on the Stock Market. For the treasury, it is “harmful tax planning.”

what is the dollar blue

It is called dollar blue to the “informal” version of the currency. It can be obtained outside the market, in caves and money changers who work without the control of the Central Bank.

Its sale does not have a stock, as the savings dollar does, and it is generally considered a “thermometer” of the political and economic uncertainties that the country is experiencing.

As is known, the dollar blue It usually has a higher price in inland cities, such as Córdoba, than in the country’s capital.

Dollar-savvy sources blue They affirm that it is a small market, in which it is possible to influence with little money. Thus, in moments of tension, “friendly hands” are called upon to lower the price.

Another dollar trap

The increase from 35% to 45% of the perception on account of taxes on Income and Personal Assets for operations with cards destined for consumption in dollars in trips and expenses abroad has been in force for several months, according to what provided by the Federal Administration of Public Revenues (Afip) in general resolution 5232/2022 published this Thursday in the Official Gazette.

This situation generated a split between the “tourist” dollar (more expensive) and the “savings” dollar (which can be accessed monthly, with a limit of US$ 200).

Dollar. Find out all the news about the dollar in Follow our page on Facebook or in Google news.

Written by Argentina News

Corresponsal de Argentina, Encargado de seleccionar las noticias más relevantes de su interés a nuestro sitio web

Germany to escape recession, government projections show – DW – 01/25/2023 / German News

You can now preorder the Homeland anthology