How much is the dollar selling for this Friday, November 24: its price in real time

The parallel currency closed at $950 for purchase and $995 for sale and the gap with the official dollar is 179.7%, below the 200 points it had reached this week.

The parallel currency pierced the $1,000 floor and is offered for sale at $995.

The Central Bank of the Argentine Republic (BCRA) suspended or as of today the sale of dollars intended for the acquisition of real estate through mortgage loans, as reported in Communication A7895 from the monetary authority.

The measure affects point 3.9 of the “Foreign and exchange” regulations, which specify the conditions for financial entities to grant access to the exchange market to residents for the purchase of foreign currency. The decision follows a significant increase of 98.3% in the sale and purchase of real estate through bank mortgages reported by the College of Notaries of the City of Buenos Aires in October.

The suspended rule allowed banks to facilitate access to the exchange market for the purchase of foreign currency, simultaneously applicable to the acquisition of real estate in the country through mortgage loans from local financial entities.

This provision included the possibility of using funds from mortgage loans for the purchase of single, family and permanent occupancy homes, and also contemplated the use of subsidies from the Procrear Program in the case of operations within that framework. However, the suspension of these regulations temporarily restricts these operations.

The blue dollar is trading at $1,000, reflecting a decrease of $45 compared to the previous day’s close. Meanwhile, the MEP dollar experiences a drop, standing at $972.89, while the Cash with Settlement registers an increase to $987.67.

In relation to the official dollar, this is adjusted to $375.38, impacting the value of the Card dollar, which reaches $957.22. On the other hand, the wholesale dollar experiences an increase to $357.55, and in Banco Nación, the price is set at $373.

In the scope of operations in December of the future dollar, they close at a price of $799.

The value of dollar today stood at $355 for purchase and $373 for saleaccording to the quote on the Banco Nación board.

At the same time, the country risk index was at 2,125 basis points, according to the measurement prepared by JP Morgan.

The blue dollar will begin trading this Friday at $1,045, experiencing a decrease of $20 compared to the last trading session. Meanwhile, the MEP dollar will open on the Stock Exchange at $1,006.39, and the Cash with Settlement at $962.

On the other hand, The official dollar closed yesterday at $374.51, which translates into a value of $955 for the Card dollar. As for the wholesale dollar adjusted by the Central Bank, it stands at $356.95, and in Banco Nación, it has a price of $372.50.

In the scope of operations in December of the future dollar, the closing was recorded at a price of $797. The country’s gross reserves amount to $21,554 million.