This Tuesday October 28 2025The blue dollar is once again the focus of attention in the Argentine foreign exchange market due to its role as expectations thermometerIn the early hours of the day, the reference price in the informal market is $1445 for buying and $1465 for selling, with contained movements compared to previous sessions.
Although it is a parallel market price, its evolution is closely followed by savers and investors comparing these values with financial and official exchange rates. Even from Spain and other European countriesThose who have positions or businesses exposed to Argentina use it as an additional signal about the economic pulse.
How is the blue dollar trading today?
The parallel currency is exchanged at the informal market a $1445 (purchase) y $1465 (sale)This level suggests a day of relative stability, with traders attentive to the flow of cash in the market and potential arbitrage opportunities against financial dollars.
As a general rule, the daily dynamics of the blue dollar follow the hours of the exchange system: the closing reference It is consolidated from Monday to Friday at 15:00 PM, in line with the interruption of official dollar operations.
Difference with the official dollar
In the formal segment, according to the board of National BankThe official dollar exchange rate is at $1410 for the purchase y $1460 for saleThe distance from the parallel remains the same. bounded for the values of this day, which reduces incentives for immediate coverage in the short term.
This moderate gap between the two markets is monitored by analysts to assess exchange rate pressures and possible price increases, although for now the movement appears to be under control in today's press conference.
Recent developments and month-end summary
According to the data available for October, the blue dollar has accumulated a 2% increase compared to September. In the calculation of what has happened so far 2025the advance reaches 20% above the level observed at the beginning of the year, a trajectory that remains behind some episodes of financial volatility seen in other periods.
Experts point out that local factors such as liquidity In pesos, the seasonality of demand and flows towards financial instruments and others volatility catalysts They usually explain the short-term trends in this type of exchange rate.
Other exchange rates of the day
To get the full picture, financial dollars are also a common point of reference for those comparing exchange rates and looking for access alternatives within the current regulatory framework.
- MEP Dollar (or Stock Exchange)$1436,10 for the purchase and $1449,30 for the sale.
- CCL dollar (cash settlement)$1455,20 for the purchase and $1461,50 for the sale.
These types are formed by bond and stock transactions that are quoted in pesos and dollars, and usually show a close correlation with the movements of the parallel market, although with particularities of liquidity and regulation.
What is the blue dollar and why is it called that?
The so-called blue dollar is the one that circulates in the parallel market And, by definition, it is not acquired through banks or official exchange houses. It is usually traded above the official rate, as it incorporates perceptions of risk, restrictions, and the supply and demand dynamics of the informal market.
Its name is attributed to several origins: on the one hand, the word “blue” In English, it is also associated with the "shady"; others link it to operations involving the stocks and bonds of large companies, known as “blue chips”; and it is also related to the tone that appears when using a marker to detect fake currency.
Schedules and references to keep in mind
The reference exchange rate is usually consolidated with the closing of the formal foreign exchange market, around 15:00Generally, prices are updated during the morning and midday, and tend to stabilize around [time missing]. wheel lock except for volatility events.
For retail traders, comparing the blue dollar rate with the financial (MEP and CCL) and official rates helps to contextualize the gap to better interpret the incentives that dominate each market on a given date.
However, this Tuesday leaves a picture of aligned quotes among the different segments: the blue one at $1445/$1465, an official one at $1410/$1460 and some financial ones close to those levels, within a scheme of contained monthly and annual variations that the agents observe to calibrate risks and expectations.