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Blue Dollar Hits 9-Month High Amidst Official Stability in Argentina

21/07/2026 10:35 - Economia

Exchange Rates in Argentina: July 20 & 21, 2026

The Argentine foreign exchange market is showing fascinating movements. The parallel exchange rate, locally known as the Blue Dollar, has climbed to a 9-month high, while the official rate maintains remarkable stability, bringing a sense of certainty to the economic landscape.

The Blue Dollar (Informal Rate)

Buy: $1.520

Sell: $1.540


For those unfamiliar with Argentina, the Blue Dollar refers to the informal exchange rate for physical US dollars bought and sold outside the official banking system. It rose by $10 (0.7%), reaching its highest price since October 22, nine months ago, according to financial operators consulted by Ámbito.

Official Dollar (Banco Nación)

Buy: $1.450

Sell: $1.500


The retail exchange rate at the national bank remained unchanged, consolidating a stable panorama for the general public accessing financial institutions, as reported by TyC Sports.

Financial and Alternative Exchange Rates

In Argentina, there are also legal financial exchange rates (MEP and CCL) which allow buying dollars through bonds, and specific rates for tourism and crypto.

Wholesale Dollar (Mayorista)

Closed at $1.481 (sell)

It recorded its fourth consecutive increase, adding $3.

MEP Dollar (Stock Exchange)

Buy: $1.510,40

Sell: $1.514,70

Gap with official rate: 2,2%.

CCL Dollar (Contado con Liquidación)

Buy: $1.572,40

Sell: $1.572,90

Gap with official rate: 6,1%.

Crypto Dollar

Closed at $1.575

Based on data from platforms like Bitso.

Card / Tourist Dollar

Stands at $1.950

Includes a 30% tax surcharge.

Economic Context: An Optimistic Horizon

The Argentine financial market is looking at the national economic performance with great hope. As reported by outlets like Infobae and Clarín, the context supports the stability of the official currency.

Key Data Driving Confidence

  • June 2026 Inflation: Located at a positive 1.9%, with a July projection of 1.8%, indicating a sustained deceleration.
  • Trade Surplus: Argentina registered a trade surplus of USD 13.923 billion in the first half of 2026, driven by exports of fuels, energy, and agricultural manufactures.
  • Country Risk: A metric indicating the risk of investing in a country, which dropped to a range of 413 to 416 basis points.
  • Rating Expectation: An imminent improvement in Moody's rating to a B3 level is expected, which could attract new investments.

In parallel, the Central Bank of the Argentine Republic (BCRA) bought USD 32 million in the market, while gross international reserves stood at USD 48.807 billion, showing solid resource management. In the crypto space, Bitcoin, the most popular digital currency, closed trading at $65,191, maintaining investor interest in this sector.

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Alfredo's Column Alfredo S. Quiroga

Alfredo S. Quiroga