07/25/2021 7:00
Clarín.com
Economy
Updated 07/25/2021 7:00 AM
The
blue dollar is
trading this
Sunday, July 25,
at $ 182.00 for the purchase and $ 185.00 for the sale.
The
gap
between the blue and the official dollar is 90%.
In this way, the blue dollar remains stable compared to the last price.
The
value of the blue dollar
has a substantial difference with the official dollar, which is acquired in banks and has an established price.
How was the price of the blue dollar and its evolution in July 2021
Blue dollar quote
Tap to explore the data
Infographic:
Clarín
Why is it called a blue dollar?
The blue dollar
is the one that circulates on the black market and usually has a higher value than the official one.
An explanation of its name indicates that it is so called because in English, "blue", in addition to naming the color blue, refers to something "dark".
Another theory relates it to purchase operations through bonds or shares of companies known as
"blue chips
.
"
They also link it to the approximate color that appears when a fibron is applied to detect counterfeit bills.
Origin of the blue dollar
The concept of the blue dollar began to be used in Argentina as of 2011, as a consequence of the
restrictions
for the acquisition of foreign currency that the Federal Administration of Public Revenues (AFIP) and the Central Bank of the Argentine Republic began to apply under the government of Cristina Fernández de Kirchner.
These
limitations
gained new momentum in December 2019, after the announcements by President Alberto Fernández about the Economic Emergency Law.
There, the implementation of the tourist dollar and the 30% tax on the purchase of dollars for savings and tourism was promoted.
It came into effect on Monday, December 23, when it was announced in the Official Gazette.
This generates that sectors that travel abroad choose to buy dollars on the
black market
, thus generating an increase in the price of the blue dollar.
It should also be noted that
the exchange rate remains in force
and that, therefore, the purchase of the official dollar is still
limited
by the Central Bank to only
$ 200 per month
if it is carried out by online transaction or to $ 100 if it is done through the window.