Overview

• The official wholesale rate held near $1,430 and Banco Nación’s retail at $1,455 after fresh Treasury interventions, with about US$250 million sold Tuesday and roughly US$1.4–1.6 billion over the past five sessions.
• Market estimates put the Treasury’s remaining dollar deposits below US$800 million, and analysts warn the buffer could be exhausted within days, which could test the band’s $1,484 ceiling and prompt Central Bank action.
• Financial and parallel rates climbed further, with the MEP around $1,533, the CCL near $1,552, and the blue at roughly $1,460, widening spreads to about 7–9% versus the official market.
• The BCRA’s REM and futures markets point to a weaker peso after the elections, with projections near $1,499 for November and around $1,536 by year‑end, and futures pricing above the band for late‑2025 contracts.
• Talks in Washington on potential U.S. support continued without a firm announcement, as U.S. Treasury Secretary Scott Bessent said discussions would proceed and Argentine bonds and equities slipped on uncertainty.