Argentine Blue Dollar Holds at 1,560 Pesos as Official Rates Diverge
The Argentine parallel exchange market finished the week without movement on Friday, October 2, 2026, as the informal blue dollar held steady at 1,560 pesos for sellers and 1,540 pesos for buyers, according to financial data tracked by ellitoral.com. That informal quotation traded ten pesos above the official rate reported by 19640noticias.com, which pegged the formal retail dollar at 1,540 pesos for sale and 1,490 pesos for purchase.
Bank Rates and Spreads Across Financial Institutions
Official banking institutions reported varied spreads at Friday’s close while maintaining stable rates across major lenders. Banco Nación and Banco Provincia de Buenos Aires both closed at 1,495 pesos for purchase and 1,545 pesos for sale, logging a 0.00% daily change and a 50-peso spread between buying and selling points, ellitoral.com reported. ICBC quoted the official currency at 1,485 pesos to buy and 1,545 pesos to sell, maintaining a 60-peso gap. Banco Bica recorded the widest margin among surveyed banks with a 61-peso spread, ending the day at 1,489 pesos for purchase and 1,550 pesos for sale. Banco Hipotecario priced its foreign exchange at 1,500 pesos to buy and 1,534 pesos to sell, shifting its purchasing punta down by 5 pesos while leaving the selling side unchanged.
MEP Dollar Drops Slightly to 1,551.67 Pesos
The electronic payment market (MEP) dollar recorded a minor downward adjustment on Friday, sliding 0.09% to close at 1,551.67 pesos for sale, ellitoral.com detailed. The purchasing quotation for the MEP fell 0.32 pesos to finish at 1,550.74 pesos, while the selling rate dropped 1.37 pesos, leaving a tight spread of 0.93 pesos between both legs of the transaction. Meanwhile, the blue dollar’s informal spread remained anchored at 20 pesos between its 1,540-peso buying floor and 1,560-peso selling ceiling.
Frequently Asked Questions About the Argentine Exchange Market
What was the exact closing price for the blue dollar on Friday?
The informal blue dollar closed at 1,540 pesos for buying and 1,560 pesos for selling on Friday, October 2, 2026, registering zero net change from the previous session according to ellitoral.com.
How much higher was the blue dollar compared to the official exchange rate?
As reported by 19640noticias.com, the nominal gap between the selling price of the informal blue dollar at 1,560 pesos and the official retail rate at 1,540 pesos finished the day at 20 pesos.
Which financial institution recorded the widest spread among surveyed banks?
Banco Bica posted the widest margin among formal lenders tracked by ellitoral.com, maintaining a 61-peso difference between its 1,489-peso purchase price and 1,550-peso selling price.