Saving Dollars This Friday: Calculating the Amount on August 15th
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The savings dollar, a type of exchange rate used for purchasing as a form of savings, saw a slight increase on Friday, August 15th, 2025. The exact exchange rate for the savings dollar on this day is not officially published, but it is expected to be higher than the official exchange rate due to taxes.
The savings dollar is differentiated from other operations settled in pesos or dollars in accounts located in the local market by adding a 'C' to the end of the negotiation code of the species. These operations are also known as "cash settlement operations" or "liquidation operations with cable."
On August 15th, 2025, the savings dollar was trading at $1703, marking a 2% decrease compared to the same day of the previous week. This decrease, however, was overshadowed by the savings dollar's 3% increase compared to the previous month.
It is important to note that the savings dollar has a difference of 31% compared to the Dollar MEP, with the savings dollar at $1703 and the Dollar MEP at $1303.70. The value of the savings dollar differs from the MEP dollar, making it a more expensive option.
As for the official exchange rate in Argentina around August 15, 2025, it was approximately AR$1,295 per US dollar. This figure is based on the official exchange rate around July 2025, after currency controls were lifted in April 2025.
The purchase of the savings dollar in Argentina is managed under a quote where the 30% country tax remains, and the 35% income tax becomes 45%, equalizing the quote of the card dollar.
The savings dollar exchange rate operates from Monday to Friday, closing at 16:30 hours. This makes it available for transactions during the same hours as the quotation market.
Comparing the savings dollar to the previous year, the increase in its value is unknown, as the exchange rate for the same day last year was not available. However, it is known that so far in August 2025, the savings dollar has increased compared to the previous month, with a difference of 3%.
For the most accurate figure on the savings dollar rate for August 15, 2025, one would typically check official Argentine government or central bank releases issued on or just before that date, as well as reports on the surcharge taxes applied to dollar purchases for savings purposes. Unfortunately, these precise values are not available in the current search results.
- Despite the slight increase in the savings dollar on August 15th, 2025, the savings dollar's value remains higher compared to the Dollar MEP, which could deter some investors in the banking-and-insurance sector from investing in real-estate using the savings dollar.
- The higher taxation on the savings dollar compared to the official exchange rate could potentially influence industry leaders to reconsider their financial strategies, as the higher cost of purchasing the savings dollar could impact their profits.
- Given the complexities surrounding the savings dollar exchange rate and the taxes associated with it, understanding this system becomes crucial for those involved in Peronism, as it could impact their financial decisions and future investments.
