Overview

• The official retail dollar trades near ARS 1,450 and the wholesale rate is ARS 1,424.50, while the blue is ARS 1,440, the MEP ARS 1,498 and the CCL ARS 1,526.
• The Treasury has been selling dollars to cap moves inside the band, with more than US$650 million placed last week around an intra‑band ceiling near ARS 1,425.
• Gross international reserves stand at about US$42.698 billion after a US$467 million increase, according to BCRA data.
• Economy Minister Luis Caputo is in Washington discussing potential U.S. support referenced by Treasury official Scott Bessent, and markets are waiting for concrete details.
• Analysts expect a recalibration of the bands or tighter controls after the Oct. 26 legislative elections if external financing does not arrive, while card and savings dollar prices hover near ARS 1,885 due to tax surcharges.