United States one-dollar bill on the flags of Argentina and the United States
ARGENTINA

The blue dollar recorded its largest daily drop in almost a month this Monday

For the third consecutive day, the blue dollar remains below the official wholesale rate

On a day marked by exchange rate stability and optimism among operators and analysts, the blue dollar recorded its largest daily drop in almost a month this Monday, June 2, falling by $15 (-1.3%) and closing at $1,165 for selling and $1,145 for buying, according to consulted operators. This sharp decline consolidated an uncommon event: the negative gap with the official wholesale exchange rate, which remained at -1.3%, meaning the parallel dollar once again became cheaper than the official rate, a strong signal of market confidence in the current economic policy.

In the wholesale segment, the official dollar dropped by $7.50 and ended at $1,180.50, becoming the main reference for foreign trade and financial operations.

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The president of Argentina, Javier Milei | La Derecha Diario

In line with the downward trend and consistent with the government's strategy to moderate inflation expectations, the futures dollar market also registered declines across all maturities. According to the day's trading, contracts are pricing in an average monthly increase of just 1.7% through the end of the year, a figure that reinforces the credibility the local currency is regaining under the libertarian administration.

Meanwhile, financial dollars also followed the calm session. The MEP dollar traded at $1,183.78, with a minimal gap of 0.3% compared to the official rate. Meanwhile, Contado con Liquidación (CCL) closed at $1,196.18, resulting in a 1.3% gap.

A group of people hold a sign that resembles a hundred-dollar bill with a man's face on it instead of the usual one.
The blue dollar closed at[IMAGE],145 for buying and[IMAGE],165 for selling | La Derecha Diario

Card, crypto, and Bitcoin

The card or tourist dollar, as well as the "solidario" dollar—which adds a 30% PAIS tax surcharge—remained stable at $1,560, with no significant changes in its quotation.

In the digital universe, the crypto dollar traded at $1,191.00, according to data from the Bitso exchange. In parallel, Bitcoin, the leading cryptocurrency in the market, stood at US$105,788, according to the Binance platform.

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