The dollar ended the week below $1,200: how much was it trading at today?

Without Central Bank intervention in the official foreign exchange market for the eighth consecutive day, gross reserves increased by US$89 million today to US$39.165 billion, largely due to the appreciation of gold.

Reserves accumulated an increase of US$553 million during the week, driven by a rise in the prices of assets that comprise the reserves and an increase in private deposits in dollars.

Thus, this Friday, April 25, the official dollar traded at $1,064.56 for buying and $1,193.62 for selling, according to the average of financial institutions published by the Central Bank (BCRA). This is a decrease compared to the quote on Thursday, April 24.

Meanwhile, at Banco Nación, the bill was quoted at $1,140 for purchase and $1,190 for sale.

In the wholesale segment, it closed at $1,169.50 , down $4.50 from Thursday.

During the week, the price rose by $34.50 , accumulating an increase of $91.50 (+8.5%) since the easing of the currency controls.

• Purchase : $1,140
• Sale: $1,190 (- $5)

Prices at other banks may vary upwards.

In addition to the dollar exchange rate at the bank, there is a 30% tax on income and personal property.

Sale: $1,547 (BNA)

• Purchase : $1,190
• Sale: $1,210 (- $15)

The gap with the official dollar is 20 pesos, or 1.22%.

The MEP dollar , whose name derives from the Electronic Payment Market, is also known as the Stock Market dollar.

This is the dollar, accessed through an Argentine bond traded in both pesos and dollars. In the transaction, the bond is purchased in pesos and sold for its equivalent in dollars.

You don't need to have an account abroad to carry out the transaction, but you do need to have a dedicated bank account open and enabled for the transfer. Generally, via home banking, the bond is purchased in pesos and subsequently sold in dollars in a single step.

• Purchase: $1,183.67 (-$1.19)
• Sale: $1,184.61 (-$0.75)

With the Cash Settlement Dollar ( CCL ), legal entities can exchange Argentine pesos for dollars abroad by buying and selling shares or debt securities.

• Purchase: $1,197.80 (-$1.09)
• Sale: $1,210.33 (+$6.65)

Blue dollar (Illustrative image / Web)

Starting at 10 a.m. every business day, anyone with a bank account can purchase any amount of dollars they want, provided they have the available funds. The transaction is carried out through home banking or the bank's app , like a simple transfer, without the need to complete sworn statements or submit additional documentation.

But if you want to go to the bank in person, you can only buy USD 100 per month at the counter. This measure is designed to discourage informality.

One of the main new features is that the savings dollar no longer has a 30% surcharge, making it more competitive than the card dollar (streaming, spending abroad, tourism), which maintains that rate as part of income tax and personal property tax.

For expenses abroad, the recommendation is to stop debiting between the closing and expiration dates of the card statement and pay with dollars deposited in the savings account.