Dollar Value: Updates on the Official Rate and Unofficial Exchange Rate During August 8, minute by minute, Online
In the realm of energy and finance, significant movements were observed this week, with YPF, Argentina's state-owned oil and gas company, making notable strides in the renewable energy sector.
On the investment front, YPF announced estimated investments of US$400 million for the YPF project. Meanwhile, the CCL dollar registered a minor increase of 0.13% this Friday, August 8, trading at $1332.70 for purchase and $1334.60 for sale.
In the global oil market, Brent crude, a North Sea reference for Argentina, showed an increase of 0.6%, trading at US$66.83 per barrel on August 8. The Western Texas Intermediate (WTI) also saw a rise of 0.36%, selling at US$64.21 per barrel on the same day.
However, the price of Bitcoin fell by 0.73% this Friday, August 8, trading at US$116,663. The so-called "crypto dollar" also experienced a decline of 0.58%, trading at $1,338.88.
In the local currency market, the official dollar fell 5 pesos and was quoted at 1.335 pesos for sale on the boards of the National Bank (BNA) on August 8. The blue dollar, on the other hand, maintained a stable quote during this Friday, August 8 in the caves of the porteño City, at $1305 for the purchase and $1325 for the sale. As of August 13, 2025, the official exchange rate between the Argentine Peso (ARS) and the U.S. Dollar (USD) is approximately 1 USD = 1,322 ARS.
Regarding the different exchange rates in Argentina, the official rate is about 1 USD = 1,322 ARS, which is the government-controlled rate used in formal transactions, imports, and official banking. The MEP (Mercado Electrónico de Pagos) or "dólar bolsa" and the CCL (Contado con Liquidación) or "dólar contado con liquidación" typically trade at notable premiums over the official rate due to local currency control and market dynamics. The blue dollar, the informal or black market rate, is significantly higher than the official rate, reflecting dollar scarcity and currency controls.
YPF made headlines as it partnered with Essential Energy, of former Rosario rugby player Federico Pucciarello, to produce renewable fuels for aviation (Sustainable Aviation Fuel, SAF) and alternatively to hydrotreated vegetable oil (HVO). YPF also approved the creation of Santa Fe Bio, a company dedicated to the production and marketing of next-generation biocombustibles in the San Lorenzo refinery, Santa Fe.
In the stock market, the Dow Jones index of the New York Stock Exchange achieved profits of 0.435 this Friday, August 8, remaining at 44,156.48 units. The Nikkei 225 index of the Tokyo Stock Exchange closed with a rise of 1.85% this Friday, August 8, and remained at 41,820.48 points. The FTSE 100 index of the London Stock Exchange showed a slight drop of 0.14%, located at 9,083.45 units. The DAX 30 index of the Frankfurt Stock Exchange showed a slight drop of 0.13%, thus reaching 24,158.21 points. The CAC 40 index of the Paris Stock Exchange achieved gains of 0.2%, located at 7,724.96 units. The S&P Merval, however, fell 2.15% on August 8, with several companies leading the declines.
The IBEX 35 index of the Madrid Stock Exchange gained 0.75% this Friday, August 8, and thus climbed to 14,783.50 points. In the context of these fluctuations, YPF's renewable energy ventures stand as a promising development in Argentina's energy sector.
[1] Source: Central Bank of Argentina (Banco Central de la República Argentina)
- What is the estimated investment for YPF's project? The company plans to invest US$400 million.
- In which sector is YPF making strides with renewable energy? They are focusing on the renewable energy sector.
- How did the Argentine oil company, YPF, perform in the stock market this Friday? The Dow Jones index achieved profits of 0.435, with the S&P Merval falling 2.15%.
- Besides renewable fuels for aviation, what other next-generation biocombustible is YPF focusing on? They are also focusing on alternatively hydrotreated vegetable oil (HVO).
- In Argentina, what rate is used for formal transactions, imports, and official banking? The official rate is about 1 USD = 1,322 ARS.
- In what areas are MEP and CCL typically trading at notable premiums over the official rate? They typically trade at notable premiums due to local currency control and market dynamics.
