On Monday, March 23, the blue dollar in Argentina is quoted at $1405 for buying and $1425 for selling. This value reflects the situation of the informal currency market in the country. In contrast, the official dollar stands at $1360 for buying and $1410 for selling, according to Banco Nación. This exchange rate is used in legal transactions and represents the reference value for most exports, except for those under special regimes.
On the other hand, the card dollar is at $1768 for buying and $1833 for selling. This rate applies to purchases made with credit or debit cards abroad and is calculated by adding a 30% withholding tax on the official dollar value.
The official dollar is published by the Central Bank of the Argentine Republic (BCRA) starting at 10 AM, while the blue dollar value can fluctuate freely throughout the day based on supply and demand. For more details on the economic situation, you can read about the key hydrogel for repairing bone fractures or the increase in pensions for retired teachers.