Net reserves are close to $10.000 million, the Central Bank is buying fewer dollars to avoid increasing demand, and net reserves would continue to rise in this last quarter, meaning the Central Bank has more dollars to use when needed, which could be important for someone who earns in pesos and wants to exchange them for dollars
The wholesale price is at $1,525.50 and the retail price reaches $1,545 at Banco Nación. The demand for coverage and a more adverse international scenario for…
After a vote in the Senate, the discussion on modifying the autonomy and composition of the Central Bank's board of directors moves to the Chamber of Deputies for a decision
It's the price at which Banco Nación buys cash dollars from the public and sells them to the public. It's the reference banks use for retail transactions.
Each bank sets its own price, which usually stays close to Banco Nación's.
Where does this value come from?
We read it directly from Banco Nación's website (cash rate). If it doesn't respond, we use Ámbito, and as backup CriptoYa, Bluelytics and DolarApi, in that order.
Frequently asked questions
Why is my bank's official rate different?
Each bank sets its own buy and sell price. Here we show Banco Nación's, which is the most widely used reference.
What's the difference with the Wholesale Dollar?
The Official rate is the price for the public at the bank. The Wholesale rate is the one traded between banks and companies, and it's usually a few pesos lower.
How often does it update?
Every minute during market hours and every 15 minutes outside market hours. Next to each value is the time its source published it.
What is the change calculated against?
Vs. the previous business day's close. If today's value went up, the arrow is red; if it went down, green.
